QUALCOMM INC/DE — Director's Dealing 2012

Sep 13, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALCOMM INC/DE (QCOM)
CIK: 0000804328
Period of Report: 2012-09-11

Reporting Person: MOLLENKOPF STEVEN M (President & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-09-11	Common Stock	M	39251.0	$40.42	Acquired	54283.8891	Direct
2012-09-11	Common Stock	S	39251.0	$61.4915	Disposed	15032.8891	Direct
2012-09-11	Common Stock	M	4916.0	$35.66	Acquired	19948.8891	Direct
2012-09-11	Common Stock	S	4916.0	$61.4915	Disposed	15032.8891	Direct
2012-09-11	Common Stock	M	3333.0	$52.87	Acquired	18365.8891	Direct
2012-09-11	Common Stock	S	3333.0	$61.4915	Disposed	15032.8891	Direct
2012-09-11	Common Stock	M	334.0	$47.35	Acquired	15366.8891	Direct
2012-09-11	Common Stock	S	334.0	$61.4915	Disposed	15032.8891	Direct
2012-09-11	Common Stock	M	1166.0	$43.24	Acquired	16198.8891	Direct
2012-09-11	Common Stock	S	1166.0	$61.4915	Disposed	15032.8891	Direct
2012-09-11	Common Stock	M	1000.0	$41.33	Acquired	16032.8891	Direct
2012-09-11	Common Stock	S	1000.0	$61.4915	Disposed	15032.8891	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-09-11	Non-Qualified Stock Option (right to buy)	$35.66	M	4916.0	Disposed	2018-11-06	Common Stock (4916.0)	Direct
2012-09-11	Non-Qualified Stock Option (right to buy)	$40.42	M	39251.0	Disposed	2017-09-09	Common Stock (39251.0)	Direct
2012-09-11	Non-Qualified Stock Option (right to buy)	$41.33	M	1000.0	Disposed	2017-10-25	Common Stock (1000.0)	Direct
2012-09-11	Non-Qualified Stock Option (right to buy)	$43.24	M	1166.0	Disposed	2018-04-24	Common Stock (1166.0)	Direct
2012-09-11	Non-Qualified Stock Option (right to buy)	$47.35	M	334.0	Disposed	2018-05-18	Common Stock (334.0)	Direct
2012-09-11	Non-Qualified Stock Option (right to buy)	$52.87	M	3333.0	Disposed	2018-08-03	Common Stock (3333.0)	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 $61.32 to $61.7001. 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.

F4: Employee stock options granted under the Company's 2006 Long-Term Incentive Plan. The options vest on each six month date after the date of grant as to 1/8th of the total shares granted until fully vested four years from the date of grant.