QUALCOMM INC/DE — Director's Dealing 2012

Aug 3, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALCOMM INC/DE (QCOM)
CIK: 0000804328
Period of Report: 2012-08-01

Reporting Person: ALTMAN STEVEN R (Vice Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-08-01	Common Stock	M	19210.0	$43.62	Acquired	123926.0	Indirect
2012-08-01	Common Stock	S	19210.0	$59.8453	Disposed	104716.0	Indirect
2012-08-01	Common Stock	M	25228.0	$37.29	Acquired	129944.0	Indirect
2012-08-01	Common Stock	S	25228.0	$59.8453	Disposed	104716.0	Indirect
2012-08-01	Common Stock	M	5562.0	$37.29	Acquired	110278.0	Indirect
2012-08-01	Common Stock	S	5562.0	$59.8453	Disposed	104716.0	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-08-01	Non-Qualified Stock Option (right to buy)	$37.29	M	25228.0	Disposed	2017-11-11	Common Stock (25228.0)	Direct
2012-08-01	Non-Qualified Stock Option (right to buy)	$43.62	M	19210.0	Disposed	2014-12-02	Common Stock (19210.0)	Direct
2012-08-01	Non-Qualified Stock Option (right to buy)	$37.29	M	5562.0	Disposed	2017-11-11	Common Stock (5562.0)	Indirect

Footnotes

F1: Securities held by Steven R. Altman and Lisa J. Altman Ttees FBO The Altman Family Trust dtd. 8/21/92.

F2: The transaction was conducted under a 10b5-1 Plan, as defined under the Securities Exchange Act of 1934, as amended.

F3: The sale prices for this transaction ranged from $59.50 to $60.03. The filer hereby agrees to provide, upon request, full information regarding the number of shares sold at each separate price.

F4: Includes 209 shares acquired under the Company's Employee Stock Purchase Plan on July 31, 2012.

F5: 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.