QUALCOMM INC/DE — Director's Dealing 2012

Jul 31, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALCOMM INC/DE (QCOM)
CIK: 0000804328
Period of Report: 2012-07-27

Reporting Person: JACOBS PAUL E (Director, Chairman & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-07-27	Common Stock	M	18000.0	$22.23	Acquired	43923.0	Direct
2012-07-27	Common Stock	S	18000.0	$59.4725	Disposed	25923.0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-07-27	Non-Qualified Stock Option (right to buy)	$22.23	M	18000.0	Disposed	2013-11-27	Common Stock (18000.0)	Direct
2012-07-24	Non-Qualified Stock Option (right to buy)	$44.02	G	350000.0	Disposed	2015-11-03	Common Stock (350000.0)	Direct
2012-07-24	Non-Qualified Stock Option (right to buy)	$44.02	G	350000.0	Acquired	2015-11-03	Common Stock (350000.0)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	482370.0	Indirect
Common Stock	482370.0	Indirect
Common Stock	321950.0	Indirect

Footnotes

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

F2: The sale prices for this transaction ranged from $59.46 to $59.4801. The filer hereby agrees to provide, upon request, full information regarding the number of shares sold at each separate price.

F3: Securities held by Harlan A. Jacobs, Trustee of The Paul E. Jacobs Grantor Retained Annuity Trust (GRAT).

F4: Securities held by Harlan A. Jacobs, Trustee of The Stacy R. Jacobs Grantor Retained Annuity Trust (GRAT).

F5: Securities held by Paul E. Jacobs and Stacy Jacobs Trustees for the Paul & Stacy Jacobs Family Trust dtd. 5/3/00.

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.