QUALCOMM INC/DE — Director's Dealing 2012

Feb 9, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALCOMM INC/DE (QCOM)
CIK: 0000804328
Period of Report: 2012-02-07

Reporting Person: ALTMAN STEVEN R (Vice Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-02-07	Common Stock	M	67210.0	$34.83	Acquired	67210.0	Indirect
2012-02-07	Common Stock	S	67210.0	$61.3728	Disposed	0.0	Indirect
2012-02-07	Common Stock	M	32790.0	$35.66	Acquired	137297.0	Indirect
2012-02-07	Common Stock	S	32790.0	$61.3728	Disposed	104507.0	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-02-07	Non-Qualified Stock Option (right to buy)	$35.66	M	32790.0	Disposed	2018-11-06	Common Stock (32790.0)	Direct
2012-02-07	Non-Qualified Stock Option (right to buy)	$34.83	M	67210.0	Disposed	2016-11-09	Common Stock (67210.0)	Indirect

Footnotes

F1: The sale prices for this transaction ranged from $61.28 to $61.4501. The filer hereby agrees to provide, upon request, full information regarding the number of shares sold at each separate price.

F2: Securities held by Steven R. Altman and Lisa J. Altman Ttees FBO The Altman Family Trust dtd. 8/21/92.

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.