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QUALCOMM INC/DE Director's Dealing 2012

May 3, 2012

10546_dirs_2012-05-03_ada9e17b-9982-466a-b834-ebdd2767588d.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALCOMM INC/DE (QCOM)
CIK: 0000804328
Period of Report: 2012-05-01

Reporting Person: ALTMAN STEVEN R (Vice Chairman)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2012-05-01 Common Stock M 9083.0 $35.66 Acquired 113590.0 Indirect
2012-05-01 Common Stock S 9083.0 $63.685 Disposed 104507.0 Indirect
2012-05-01 Common Stock M 9583.0 $37.29 Acquired 114090.0 Indirect
2012-05-01 Common Stock S 9583.0 $63.685 Disposed 104507.0 Indirect
2012-05-01 Common Stock M 31334.0 $43.62 Acquired 135841.0 Indirect
2012-05-01 Common Stock S 31334.0 $63.685 Disposed 104507.0 Indirect
2012-05-01 Common Stock M 25000.0 $43.62 Acquired 129507.0 Indirect
2012-05-01 Common Stock S 25000.0 $64.5 Disposed 104507.0 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2012-05-01 Non-Qualified Stock Option (right to buy) $35.66 M 9083.0 Disposed 2018-11-06 Common Stock (9083.0) Direct
2012-05-01 Non-Qualified Stock Option (right to buy) $37.29 M 9583.0 Disposed 2017-11-11 Common Stock (9583.0) Direct
2012-05-01 Non-Qualified Stock Option (right to buy) $43.62 M 31334.0 Disposed 2014-12-02 Common Stock (31334.0) Direct
2012-05-01 Non-Qualified Stock Option (right to buy) $43.62 M 25000.0 Disposed 2014-12-02 Common Stock (25000.0) Direct

Footnotes

F1: Securities held by Steven R. Altman and Lisa J. Altman Ttees FBO The Altman Family Trust dtd. 8/21/92.

F2: The transaction was conducted under a 10b5-1 Plan, as defined under the Securities Exchange Act of 1934, as amended.

F3: The sale prices for this transaction ranged from $63.43 to $63.90. The filer hereby agrees to provide, upon request, full information regarding the number of shares sold at each separate price.

F4: 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.