QUALCOMM INC/DE — Director's Dealing 2011

Nov 10, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALCOMM INC/DE (QCOM)
CIK: 0000804328
Period of Report: 2011-11-08

Reporting Person: SULLIVAN DANIEL L (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-11-08	Common Stock	M	8975.0546	$0.0	Acquired	14554.0546	Direct
2011-11-08	Common Stock	F	4190.0546	$57.03	Disposed	10364.0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-11-08	Restricted Stock Unit	$1.0	M	8836.0	Disposed	2020-11-07	Common Stock (8836.0)	Direct
2011-11-08	Restricted Stock Unit	$1.0	M	139.0546	Disposed		Common Stock (139.0546)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	14618.0	Indirect

Footnotes

F1: Includes 429 shares and 152 shares acquired under the Company's Employee Stock Purchase Plan on March 31, 2011 and July 31, 2011 respectively.

F2: Securities held by Daniel L. Sullivan & Kathryn Sullivan, Trustees of the Sullivan Family Trust dtd. 9/2/99.

F3: These shares are represented by restricted stock units. The units vest annually over three years. Upon vesting, the restricted stock units will be paid out in whole shares of common stock.

F4: Amount represents dividend equivalents earned on vested restricted stock units.

F5: These dividend equivalents vest the same as the underlying restricted stock units.