QUALCOMM INC/DE — Director's Dealing 2011

Feb 4, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALCOMM INC/DE (QCOM)
CIK: 0000804328
Period of Report: 2011-02-02

Reporting Person: KAHN ROBERT E (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-02-02	Common Stock	M	20000	$31.53	Acquired	143500	Direct
2011-02-02	Common Stock	S	20000	$54.77	Disposed	123500	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-02-02	Non-Qualified Stock Option (right to buy)	$31.53	M	20000	Disposed	2011-02-26	Common Stock (20000)	Direct

Footnotes

F1: The options vest as to 10% of the total shares granted on August 27, 2001 and as to 1/60th of the total shares granted on each monthly anniversary beginning on September 27, 2001.