QUALCOMM INC/DE — Director's Dealing 2011

May 31, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALCOMM INC/DE (QCOM)
CIK: 0000804328
Period of Report: 2011-05-26

Reporting Person: SCOWCROFT BRENT (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-05-26	Common Stock	M	20000	$20.64	Acquired	20000	Indirect
2011-05-26	Common Stock	S	20000	$57.1071	Disposed	0	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-05-26	Non-Qualified Stock Option (right to buy)	$20.64	M	20000	Disposed	2012-02-11	Common Stock (20000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1000.417	Direct
Common Stock	372699	Indirect

Footnotes

F1: Securities held by General Brent Scowcroft, Trustee of the Brent Scowcroft Revocable Trust dated April 19, 2000.

F2: The sale prices for this transaction ranged from $57.00 to $57.2500. The filer hereby agrees to provide, upon request, full information regarding the number of shares sold at each separate price.

F3: The options vest as to 10% of the total shares granted on August 12, 2002 and as to 1/60th of the total shares granted on each monthly anniversary beginning on September 12, 2002.