QUALCOMM INC/DE — Director's Dealing 2011

Nov 16, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALCOMM INC/DE (QCOM)
CIK: 0000804328
Period of Report: 2011-11-15

Reporting Person: MOLLENKOPF STEVEN M (President & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-11-15	Common Stock	M	13666.0	$47.35	Acquired	32045.8924	Direct
2011-11-15	Common Stock	S	13666.0	$57.5	Disposed	18379.8924	Direct
2011-11-15	Common Stock	M	26166.0	$43.24	Acquired	44545.8924	Direct
2011-11-15	Common Stock	S	26166.0	$57.5	Disposed	18379.8924	Direct
2011-11-15	Common Stock	M	2334.0	$44.63	Acquired	20713.8924	Direct
2011-11-15	Common Stock	S	2334.0	$57.5	Disposed	18379.8924	Direct
2011-11-15	Common Stock	M	4000.0	$41.33	Acquired	22379.8924	Direct
2011-11-15	Common Stock	S	4000.0	$57.5	Disposed	18379.8924	Direct
2011-11-15	Common Stock	M	3834.0	$52.87	Acquired	22213.8924	Direct
2011-11-15	Common Stock	S	3834.0	$57.5	Disposed	18379.8924	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-11-15	Non-Qualified Stock Option (right to buy)	$41.33	M	4000.0	Disposed	2017-10-25	Common Stock (4000.0)	Direct
2011-11-15	Non-Qualified Stock Option (right to buy)	$43.24	M	26166.0	Disposed	2018-04-24	Common Stock (26166.0)	Direct
2011-11-15	Non-Qualified Stock Option (right to buy)	$44.63	M	2334.0	Disposed	2017-04-26	Common Stock (2334.0)	Direct
2011-11-15	Non-Qualified Stock Option (right to buy)	$47.35	M	13666.0	Disposed	2018-05-18	Common Stock (13666.0)	Direct
2011-11-15	Non-Qualified Stock Option (right to buy)	$52.87	M	3834.0	Disposed	2018-08-03	Common Stock (3834.0)	Direct

Footnotes

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

F2: 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.