QUALCOMM INC/DE — Director's Dealing 2011

Mar 2, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALCOMM INC/DE (QCOM)
CIK: 0000804328
Period of Report: 2011-03-01

Reporting Person: STERN MARC I (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-03-01	Non-Qualified Stock Option (right to buy)	$37.39	G	9382	Disposed	2015-03-07	Common Stock (9382)	Direct
2011-03-01	Non-Qualified Stock Option (right to buy)	$41.83	G	2233	Disposed	2017-03-12	Common Stock (2233)	Direct

Footnotes

F1: 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.

F2: The options vest 100% one year from the date of grant.