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QUALCOMM INC/DE Director's Dealing 2012

May 15, 2012

10546_dirs_2012-05-15_2ec1903a-bb2e-4af8-adb6-87f34576a57d.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALCOMM INC/DE (QCOM)
CIK: 0000804328
Period of Report: 2012-05-11

Reporting Person: MOLLENKOPF STEVEN M (President & COO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2012-05-11 Common Stock M 31998.0 $35.66 Acquired 50730.2728 Direct
2012-05-11 Common Stock S 31998.0 $62.3863 Disposed 18732.2728 Direct
2012-05-11 Common Stock M 11584.0 $44.75 Acquired 30316.2728 Direct
2012-05-11 Common Stock S 11584.0 $62.3863 Disposed 18732.2728 Direct
2012-05-11 Common Stock M 3334.0 $52.87 Acquired 22066.2728 Direct
2012-05-11 Common Stock S 3334.0 $62.3863 Disposed 18732.2728 Direct
2012-05-11 Common Stock M 333.0 $47.35 Acquired 19065.2728 Direct
2012-05-11 Common Stock S 333.0 $62.3863 Disposed 18732.2728 Direct
2012-05-11 Common Stock M 1167.0 $43.24 Acquired 19899.2728 Direct
2012-05-11 Common Stock S 1167.0 $62.3863 Disposed 18732.2728 Direct
2012-05-11 Common Stock M 1000.0 $41.33 Acquired 19732.2728 Direct
2012-05-11 Common Stock S 1000.0 $62.3863 Disposed 18732.2728 Direct
2012-05-11 Common Stock M 584.0 $44.63 Acquired 19316.2728 Direct
2012-05-11 Common Stock S 584.0 $62.3863 Disposed 18732.2728 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2012-05-11 Non-Qualified Stock Option (right to buy) $35.66 M 31998.0 Disposed 2018-11-06 Common Stock (31998.0) Direct
2012-05-11 Non-Qualified Stock Option (right to buy) $41.33 M 1000.0 Disposed 2017-10-25 Common Stock (1000.0) Direct
2012-05-11 Non-Qualified Stock Option (right to buy) $43.24 M 1167.0 Disposed 2018-04-24 Common Stock (1167.0) Direct
2012-05-11 Non-Qualified Stock Option (right to buy) $44.63 M 584.0 Disposed 2017-04-26 Common Stock (584.0) Direct
2012-05-11 Non-Qualified Stock Option (right to buy) $44.75 M 11584.0 Disposed 2019-11-08 Common Stock (11584.0) Direct
2012-05-11 Non-Qualified Stock Option (right to buy) $47.35 M 333.0 Disposed 2018-05-18 Common Stock (333.0) Direct
2012-05-11 Non-Qualified Stock Option (right to buy) $52.87 M 3334.0 Disposed 2018-08-03 Common Stock (3334.0) Direct

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 $61.6301 to $62.535. The filer hereby agrees to provide, upon request, full information regarding the number of shares sold at each separate price.

F3: 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.

F4: Employee stock options granted under the Company's 2006 Long-Term Incentive Plan. The options vest on each six month date after the date of grant as to 1/8th of the total shares granted until fully vested four years from the date of grant.