QUALCOMM INC/DE — Director's Dealing 2012

Sep 6, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALCOMM INC/DE (QCOM)
CIK: 0000804328
Period of Report: 2012-09-04

Reporting Person: Johnson Margaret L (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-09-04	Common Stock	M	4875.0	$44.75	Acquired	29090.0	Direct
2012-09-04	Common Stock	S	4875.0	$60.7723	Disposed	24215.0	Direct
2012-09-04	Common Stock	M	25125.0	$49.1175	Acquired	49340.0	Direct
2012-09-04	Common Stock	S	25125.0	$60.7723	Disposed	24215.0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-09-04	Non-Qualified Stock Option (right to buy)	$44.75	M	4875.0	Disposed	2019-11-08	Common Stock (4875.0)	Direct
2012-09-04	Non-Qualified Stock Option (right to buy)	$49.1175	M	25125.0	Disposed	2017-12-12	Common Stock (25125.0)	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 $60.57 to $61.00 The filer hereby agrees to provide, upon request, full information regarding the number of shares sold at each separate price.

F3: Includes 209 shares acquired under the Company's Employee Stock Purchase Plan on July 31, 2012.

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.