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QUALCOMM INC/DE Director's Dealing 2011

Apr 25, 2011

10546_dirs_2011-04-25_fe61aa6d-56f7-468f-b6e5-b90b637c6927.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: 2011-04-21

Reporting Person: LEDERER JAMES P (Executive Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-04-21 Common Stock M 283 $51.48 Acquired 10120.7937 Direct
2011-04-21 Common Stock S 283 $57.1 Disposed 9837.7937 Direct
2011-04-21 Common Stock M 1083 $43.24 Acquired 10920.7937 Direct
2011-04-21 Common Stock S 1083 $57.1 Disposed 9837.7937 Direct
2011-04-21 Common Stock M 666 $44.63 Acquired 10503.7937 Direct
2011-04-21 Common Stock S 666 $57.1 Disposed 9837.7937 Direct
2011-04-21 Common Stock M 166 $47.35 Acquired 10003.7937 Direct
2011-04-21 Common Stock S 166 $57.1 Disposed 9837.7937 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-04-21 Non-Qualified Stock Option (right to buy) $43.24 M 1083 Disposed 2018-04-24 Common Stock (1083) Direct
2011-04-21 Non-Qualified Stock Option (right to buy) $44.63 M 666 Disposed 2017-04-26 Common Stock (666) Direct
2011-04-21 Non-Qualified Stock Option (right to buy) $47.35 M 166 Disposed 2018-05-18 Common Stock (166) Direct
2011-04-21 Non-Qualified Stock Option (right to buy) $51.48 M 283 Disposed 2016-04-13 Common Stock (283) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 50 Indirect
Common Stock 100 Indirect

Footnotes

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

F2: Securities held by Mitchell J. Lederer (UTMA/CA) and James P. Lederer (C/F).

F3: Securities held in two separate Joint Accounts: 50 shares are held by Kyle R. Lederer and James P. Lederer (JTWROS) and 50 shares are held by Brian K. Lederer and James P. Lederer (JTWROS).

F4: 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.