QUALCOMM INC/DE — Director's Dealing 2012

Feb 7, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALCOMM INC/DE (QCOM)
CIK: 0000804328
Period of Report: 2012-02-03

Reporting Person: WANG JING (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-02-03	Common Stock	S	2200.0	$61.18	Disposed	3795.0	Direct
2012-02-03	Common Stock	S	3565.0	$61.1815	Disposed	230.0	Direct
2012-02-03	Common Stock	M	12000.0	$37.99	Acquired	12230.0	Direct
2012-02-03	Common Stock	S	12000.0	$61.1327	Disposed	230.0	Direct
2012-02-03	Common Stock	M	12500.0	$37.67	Acquired	12730.0	Direct
2012-02-03	Common Stock	S	12500.0	$61.1327	Disposed	230.0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-02-03	Non-Qualified Stock Option (right to buy)	$37.67	M	12500.0	Disposed	2016-08-31	Common Stock (12500.0)	Direct
2012-02-03	Non-Qualified Stock Option (right to buy)	$37.99	M	12000.0	Disposed	2016-10-26	Common Stock (12000.0)	Direct

Footnotes

F1: The sale prices for this transaction ranged from $61.12 to $61.15. The filer hereby agrees to provide, upon request, full information regarding the number of shares sold at each separate price.

F2: Includes 230 shares acquired under the Company's Employee Stock Purchase Plan on January 31, 2012.

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.