QUALCOMM INC/DE — Director's Dealing 2012

Mar 13, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALCOMM INC/DE (QCOM)
CIK: 0000804328
Period of Report: 2012-03-12

Reporting Person: MOLLENKOPF STEVEN M (President & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-03-12	Common Stock	M	334.0	$47.35	Acquired	19011.68	Direct
2012-03-12	Common Stock	S	334.0	$63.8851	Disposed	18677.68	Direct
2012-03-12	Common Stock	M	1166.0	$43.24	Acquired	19843.68	Direct
2012-03-12	Common Stock	S	1166.0	$63.8851	Disposed	18677.68	Direct
2012-03-12	Common Stock	M	583.0	$44.63	Acquired	19260.68	Direct
2012-03-12	Common Stock	S	583.0	$63.8851	Disposed	18677.68	Direct
2012-03-12	Common Stock	M	1000.0	$41.33	Acquired	19677.68	Direct
2012-03-12	Common Stock	S	1000.0	$63.8851	Disposed	18677.68	Direct
2012-03-12	Common Stock	M	46917.0	$52.87	Acquired	65594.68	Direct
2012-03-12	Common Stock	S	46917.0	$63.8851	Disposed	18677.68	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-03-12	Non-Qualified Stock Option (right to buy)	$41.33	M	1000.0	Disposed	2017-10-25	Common Stock (1000.0)	Direct
2012-03-12	Non-Qualified Stock Option (right to buy)	$43.24	M	1166.0	Disposed	2018-04-24	Common Stock (1166.0)	Direct
2012-03-12	Non-Qualified Stock Option (right to buy)	$44.63	M	583.0	Disposed	2017-04-26	Common Stock (583.0)	Direct
2012-03-12	Non-Qualified Stock Option (right to buy)	$47.35	M	334.0	Disposed	2018-05-18	Common Stock (334.0)	Direct
2012-03-12	Non-Qualified Stock Option (right to buy)	$52.87	M	46917.0	Disposed	2018-08-03	Common Stock (46917.0)	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 $63.75 to $63.99. The filer hereby agrees to provide, upon request, full information regarding the number of shares sold at each separate price.

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.