QUALCOMM INC/DE — Director's Dealing 2011

Sep 14, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALCOMM INC/DE (QCOM)
CIK: 0000804328
Period of Report: 2011-09-13

Reporting Person: JACOBS IRWIN M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-08-26	Common Stock	G	500000.0	$0.0	Acquired	8749991.0	Indirect
2011-09-12	Common Stock	J	255436.0	$0.0	Disposed	8494555.0	Indirect
2011-08-26	Common Stock	G	500000.0	$0.0	Disposed	2289113.0	Indirect
2011-09-01	Common Stock	G	72192.0	$0.0	Disposed	2216921.0	Indirect
2011-09-12	Common Stock	J	255436.0	$0.0	Acquired	2727793.0	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3348.9505	Direct
Common Stock	8494555.0	Indirect

Footnotes

F1: Gift to Spouse's Grantor Retained Annuity Trust (GRAT) who shares reporting person's household. The reporting person disclaims beneficial ownership of the shares held by Mrs. Jacobs' GRAT, and this report should not be deemed an admission that the reporting person is the beneficial owner of his spouse's shares for purposes of Section 16 or for any other purpose.

F2: Securities held by Nicholas S. Oliva, Trustee of the Joan Klein Jacobs' Grantor Retained Annuity Trust.

F3: This transaction represents the distribution of shares from Mrs. Jacobs' GRAT to the Jacobs Family Trust.

F4: 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.

F5: The transaction was conducted under a 10b5-1 Plan, as defined under the Securities Exchange Act of 1934, as amended.

F6: Stock options held by Nicholas S. Oliva, Trustee of the Irwin Mark Jacobs' Grantor Retained Annuity Trust.