QUALCOMM INC/DE — Director's Dealing 2012

Apr 4, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALCOMM INC/DE (QCOM)
CIK: 0000804328
Period of Report: 2012-04-02

Reporting Person: ABERLE DEREK K (EVP & Group President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-04-02	Common Stock	M	4000.0	$41.33	Acquired	5845.0	Direct
2012-04-02	Common Stock	S	4000.0	$68.17	Disposed	1845.0	Direct
2012-04-02	Common Stock	M	4000.0	$42.16	Acquired	5845.0	Direct
2012-04-02	Common Stock	S	4000.0	$68.17	Disposed	1845.0	Direct
2012-04-02	Common Stock	M	6000.0	$35.66	Acquired	7845.0	Direct
2012-04-02	Common Stock	S	6000.0	$68.17	Disposed	1845.0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-04-02	Non-Qualified Stock Option (right to buy)	$35.66	M	6000.0	Disposed	2018-11-06	Common Stock (6000.0)	Direct
2012-04-02	Non-Qualified Stock Option (right to buy)	$41.33	M	4000.0	Disposed	2017-10-25	Common Stock (4000.0)	Direct
2012-04-02	Non-Qualified Stock Option (right to buy)	$42.16	M	4000.0	Disposed	2014-10-14	Common Stock (4000.0)	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 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.