QUALCOMM INC/DE — Director's Dealing 2011

Feb 17, 2011

SEC Form 4/A — Form 4/A

Issuer: QUALCOMM INC/DE (QCOM)
CIK: 0000804328
Period of Report: 2010-08-11

Reporting Person: ALTMAN STEVEN R (President)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-08-11	Non-Qualified Stock Option (right to buy)	$34.83	G	213750	Acquired	2016-11-09	Common Stock (213750)	Indirect

Footnotes

F1: This form corrects the exercise price of the Non-Qualified Stock Option noted in Table II. The original Form 4 was filed on October 4, 2010.

F2: This transaction represents the transfer of stock options from the Insider's direct ownership to Spouse's Grantor Annuity Trust.

F3: 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.

F4: Grantor Retained Annuity Trust (GRAT) for the benefit of insider's spouse.