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QUALCOMM INC/DE Director's Dealing 2011

Oct 18, 2011

10546_dirs_2011-10-18_82a33c30-e575-4c51-bb14-d4c91e0da52b.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: 2011-10-14

Reporting Person: JACOBS IRWIN M (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-10-14 Common Stock M 12500.0 $29.21 Acquired 4679756.0 Indirect
2011-10-14 Common Stock S 12500.0 $55.0025 Disposed 4667256.0 Indirect
2011-10-14 Common Stock M 68800.0 $17.47 Acquired 4736056.0 Indirect
2011-10-14 Common Stock S 68800.0 $55.0025 Disposed 4667256.0 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-10-14 Non-Qualified Stock Option (right to buy) $17.47 M 68800.0 Disposed 2012-11-07 Common Stock (68800.0) Direct
2011-10-14 Non-Qualified Stock Option (right to buy) $29.21 M 12500.0 Disposed 2011-11-29 Common Stock (12500.0) Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 3877.354 Direct
Common Stock 7365251.0 Indirect
Common Stock 7365251.0 Indirect

Footnotes

F1: Securities held by Irwin M. Jacobs & Joan Klein Jacobs as Trustees of the Irwin Mark Jacobs & Joan Klein Jacobs Family Trust UTA dtd 6/2/80, as amended 6/30/92.

F2: The transaction was conducted under a 10b5-1 Plan, as defined under the Securities Exchange Act of 1934, as amended.

F3: The sale prices for this transaction ranged from $55.00 to $55.0201. The filer hereby agrees to provide, upon request, full information regarding the number of shares sold at each separate price.

F4: Stock options held by Nicholas S. Oliva, Trustee of the Irwin Mark Jacobs' Grantor Retained Annuity Trust.

F5: Securities held by Nicholas S. Oliva, Trustee of the Joan Klein Jacobs' Grantor Retained Annuity Trust.

F6: 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.

F7: The options vest as to 10% of the total shares granted on May 31, 2002 and as to 1/60th of the total shares granted on each monthly anniversary beginning on June 30, 2002.