QUALCOMM INC/DE — Director's Dealing 2012

Oct 3, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALCOMM INC/DE (QCOM)
CIK: 0000804328
Period of Report: 2012-10-01

Reporting Person: KEITEL WILLIAM E (EVP & Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-10-01	Common Stock	M	127500.0	$37.29	Acquired	146066.0	Direct
2012-10-01	Common Stock	S	127500.0	$62.4224	Disposed	18566.0	Direct
2012-10-01	Common Stock	M	49334.0	$34.83	Acquired	67900.0	Direct
2012-10-01	Common Stock	S	49334.0	$62.607	Disposed	18566.0	Direct
2012-10-01	Common Stock	S	9372.0	$62.716	Disposed	9194.0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-10-01	Non-Qualified Stock Option (right to buy)	$34.83	M	49334.0	Disposed	2016-11-09	Common Stock (49334.0)	Direct
2012-10-01	Non-Qualified Stock Option (right to buy)	$37.29	M	127500.0	Disposed	2017-11-11	Common Stock (127500.0)	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 $62.19 to $62.77. The filer hereby agrees to provide, upon request, full information regarding the number of shares sold at each separate price.

F3: The sale prices for this transaction ranged from $62.49 to $62.76. The filer hereby agrees to provide, upon request, full information regarding the number of shares sold at each separate price.

F4: The sale prices for this transaction ranged from $62.70 to $62.73. The filer hereby agrees to provide, upon request, full information regarding the number of shares sold at each separate price.

F5: Includes 439 shares acquired under the Company's Employee Stock Purchase Plan.

F6: 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.