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QUALCOMM INC/DE Director's Dealing 2011

Nov 10, 2011

10546_dirs_2011-11-10_76c438fe-3451-46bf-8f07-a15b69741428.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: 2011-11-08

Reporting Person: ALTMAN STEVEN R (President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-11-08 Common Stock M 28049.5853 $0.0 Acquired 28201.5853 Direct
2011-11-08 Common Stock F 13093.5853 $57.03 Disposed 15108.0 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-11-08 Restricted Stock Unit $1.0 M 27615.0 Disposed 2020-11-07 Common Stock (27615.0) Direct
2011-11-08 Restricted Stock Unit $1.0 M 434.5853 Disposed Common Stock (434.5853) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 104125.0 Indirect

Footnotes

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

F2: Securities held by Steven R. Altman and Lisa J. Altman Ttees FBO The Altman Family Trust dtd. 8/21/92.

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.