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QUALCOMM INC/DE Director's Dealing 2011

Nov 7, 2011

10546_dirs_2011-11-07_7a959620-32cc-45e7-9d39-6ef3677f3faf.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALCOMM INC/DE (QCOM)
CIK: 0000804328
Period of Report: 2011-11-03

Reporting Person: JACOBS PAUL E (Director, Chairman & CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-11-03 Common Stock S 4652.0 $56.315 Disposed 497747.0 Indirect
2011-11-03 Common Stock S 4652.0 $56.315 Disposed 497747.0 Indirect
2011-11-03 Common Stock M 8963.0 $34.83 Acquired 442707.0 Indirect
2011-11-03 Common Stock S 8963.0 $56.96 Disposed 433744.0 Indirect
2011-11-03 Common Stock M 110712.0 $34.83 Acquired 544456.0 Indirect
2011-11-03 Common Stock S 110712.0 $56.3765 Disposed 433744.0 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-11-03 Non-Qualified Stock Option (right to buy) $34.83 M 8963.0 Disposed 2016-11-09 Common Stock (8963.0) Direct
2011-11-03 Non-Qualified Stock Option (right to buy) $34.83 M 110712.0 Disposed 2016-11-06 Common Stock (110712.0) Indirect

Footnotes

F1: The transaction was conducted under a 10b5-1 Plan, as defined under the Securities Exchange Act of 1934, as amended.

F2: The sale prices for this transaction ranged from $56.25 to $56.385. The filer hereby agrees to provide, upon request, full information regarding the number of shares sold at each separate price.

F3: Securities held by Harlan A. Jacobs, Trustee of The Paul E. Jacobs Grantor Retained Annuity Trust (GRAT).

F4: Securities held by Harlan A. Jacobs, Trustee of The Stacy R. Jacobs Grantor Retained Annuity Trust (GRAT).

F5: Securities held by Paul E. Jacobs and Stacy Jacobs Trustees for the Paul & Stacy Jacobs Family Trust dtd. 5/3/00.

F6: The sale prices for this transaction ranged from $55.93 to $56.96. The filer hereby agrees to provide, upon request, full information regarding the number of shares sold at each separate price.

F7: The options vest 10% on the six month anniversary of the date of grant and the remaining balance vests monthly thereafter. The option is fully vested five years after the date of grant.