QUALCOMM INC/DE — Director's Dealing 2011

Feb 14, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALCOMM INC/DE (QCOM)
CIK: 0000804328
Period of Report: 2011-02-10

Reporting Person: LEDERER JAMES P (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-02-10	Common Stock	M	567	$51.48	Acquired	9942.026	Direct
2011-02-10	Common Stock	S	567	$56.5	Disposed	9375.026	Direct
2011-02-10	Common Stock	M	250	$47.35	Acquired	9625.026	Direct
2011-02-10	Common Stock	S	250	$56.5	Disposed	9375.026	Direct
2011-02-10	Common Stock	M	1667	$52.87	Acquired	11042.026	Direct
2011-02-10	Common Stock	S	1667	$56.5	Disposed	9375.026	Direct
2011-02-10	Common Stock	M	567	$51.48	Acquired	9942.026	Direct
2011-02-10	Common Stock	S	567	$56.5	Disposed	9375.026	Direct
2011-02-10	Common Stock	M	249	$47.35	Acquired	9624.026	Direct
2011-02-10	Common Stock	S	249	$56.5	Disposed	9375.026	Direct
2011-02-10	Common Stock	M	1667	$52.87	Acquired	11042.026	Direct
2011-02-10	Common Stock	S	1667	$56.5	Disposed	9375.026	Direct
2011-02-10	Common Stock	M	1666	$52.87	Acquired	11041.026	Direct
2011-02-10	Common Stock	S	1666	$56.5	Disposed	9375.026	Direct
2011-02-10	Common Stock	M	567	$51.48	Acquired	9942.026	Direct
2011-02-10	Common Stock	S	567	$56.5	Disposed	9375.026	Direct
2011-02-10	Common Stock	M	250	$47.35	Acquired	9625.026	Direct
2011-02-10	Common Stock	S	250	$56.5	Disposed	9375.026	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-02-10	Non-Qualified Stock Option (right to buy)	$47.35	M	6000	Disposed	2018-05-18	Common Stock (6000)	Direct
2011-02-10	Non-Qualified Stock Option (right to buy)	$47.35	M	249	Disposed	2018-05-18	Common Stock (249)	Direct
2011-02-10	Non-Qualified Stock Option (right to buy)	$47.35	M	250	Disposed	2018-05-18	Common Stock (250)	Direct
2011-02-10	Non-Qualified Stock Option (right to buy)	$47.35	M	499	Disposed	2018-05-18	Common Stock (499)	Direct
2011-02-10	Non-Qualified Stock Option (right to buy)	$47.35	M	250	Disposed	2018-05-18	Common Stock (250)	Direct
2011-02-10	Non-Qualified Stock Option (right to buy)	$47.35	M	250	Disposed	2018-05-18	Common Stock (250)	Direct
2011-02-10	Non-Qualified Stock Option (right to buy)	$47.35	M	249	Disposed	2018-05-18	Common Stock (249)	Direct
2011-02-10	Non-Qualified Stock Option (right to buy)	$47.35	M	250	Disposed	2018-05-18	Common Stock (250)	Direct
2011-02-10	Non-Qualified Stock Option (right to buy)	$51.48	M	567	Disposed	2016-04-13	Common Stock (567)	Direct
2011-02-10	Non-Qualified Stock Option (right to buy)	$51.48	M	27766	Disposed	2016-04-13	Common Stock (27766)	Direct
2011-02-10	Non-Qualified Stock Option (right to buy)	$51.48	M	566	Disposed	2016-04-13	Common Stock (566)	Direct
2011-02-10	Non-Qualified Stock Option (right to buy)	$51.48	M	1134	Disposed	2016-04-13	Common Stock (1134)	Direct
2011-02-10	Non-Qualified Stock Option (right to buy)	$51.48	M	566	Disposed	2016-04-13	Common Stock (566)	Direct
2011-02-10	Non-Qualified Stock Option (right to buy)	$51.48	M	567	Disposed	2016-04-13	Common Stock (567)	Direct
2011-02-10	Non-Qualified Stock Option (right to buy)	$51.48	M	567	Disposed	2016-04-13	Common Stock (567)	Direct
2011-02-10	Non-Qualified Stock Option (right to buy)	$51.48	M	567	Disposed	2016-04-13	Common Stock (567)	Direct
2011-02-10	Non-Qualified Stock Option (right to buy)	$52.87	M	35000	Disposed	2018-08-03	Common Stock (35000)	Direct
2011-02-10	Non-Qualified Stock Option (right to buy)	$52.87	M	1666	Disposed	2018-08-03	Common Stock (1666)	Direct
2011-02-10	Non-Qualified Stock Option (right to buy)	$52.87	M	1667	Disposed	2018-08-03	Common Stock (1667)	Direct
2011-02-10	Non-Qualified Stock Option (right to buy)	$52.87	M	3333	Disposed	2018-08-03	Common Stock (3333)	Direct
2011-02-10	Non-Qualified Stock Option (right to buy)	$52.87	M	1667	Disposed	2018-08-03	Common Stock (1667)	Direct
2011-02-10	Non-Qualified Stock Option (right to buy)	$52.87	M	1667	Disposed	2018-08-03	Common Stock (1667)	Direct
2011-02-10	Non-Qualified Stock Option (right to buy)	$52.87	M	1667	Disposed	2018-08-03	Common Stock (1667)	Direct
2011-02-10	Non-Qualified Stock Option (right to buy)	$52.87	M	1666	Disposed	2018-08-03	Common Stock (1666)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	50	Indirect
Common Stock	100	Indirect

Footnotes

F1: The transaction was conducted under a 10b5-1 Plan, as defined under the Securities Exchange Act of 1934, as amended.

F2: Securities held by Mitchell J. Lederer (UTMA/CA) and James P. Lederer (C/F).

F3: Securities held in two separate Joint Accounts: 50 shares are held by Kyle R. Lederer and James P. Lederer (JTWROS) and 50 shares are held by Brian K. Lederer and James P. Lederer (JTWROS).

F4: 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.