QUALCOMM INC/DE — Director's Dealing 2012

Oct 15, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALCOMM INC/DE (QCOM)
CIK: 0000804328
Period of Report: 2012-10-11

Reporting Person: MOLLENKOPF STEVEN M (President & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-10-11	Common Stock	M	7758.0	$40.42	Acquired	22825.1112	Direct
2012-10-11	Common Stock	S	7758.0	$60.1464	Disposed	15067.1112	Direct
2012-10-11	Common Stock	M	4917.0	$35.66	Acquired	19984.1112	Direct
2012-10-11	Common Stock	S	4917.0	$60.1464	Disposed	15067.1112	Direct
2012-10-11	Common Stock	M	3333.0	$52.87	Acquired	18400.1112	Direct
2012-10-11	Common Stock	S	3333.0	$60.1464	Disposed	15067.1112	Direct
2012-10-11	Common Stock	M	333.0	$47.35	Acquired	15400.1112	Direct
2012-10-11	Common Stock	S	333.0	$60.1464	Disposed	15067.1112	Direct
2012-10-11	Common Stock	M	1167.0	$43.24	Acquired	16234.1112	Direct
2012-10-11	Common Stock	S	1167.0	$60.1464	Disposed	15067.1112	Direct
2012-10-11	Common Stock	M	1000.0	$41.33	Acquired	16067.1112	Direct
2012-10-11	Common Stock	S	1000.0	$60.1464	Disposed	15067.1112	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-10-11	Non-Qualified Stock Option (right to buy)	$35.66	M	4917.0	Disposed	2018-11-06	Common Stock (4917.0)	Direct
2012-10-11	Non-Qualified Stock Option (right to buy)	$40.42	M	7758.0	Disposed	2017-09-09	Common Stock (7758.0)	Direct
2012-10-11	Non-Qualified Stock Option (right to buy)	$41.33	M	1000.0	Disposed	2017-10-25	Common Stock (1000.0)	Direct
2012-10-11	Non-Qualified Stock Option (right to buy)	$43.24	M	1167.0	Disposed	2018-04-24	Common Stock (1167.0)	Direct
2012-10-11	Non-Qualified Stock Option (right to buy)	$47.35	M	333.0	Disposed	2018-05-18	Common Stock (333.0)	Direct
2012-10-11	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 $60.03 to $60.4001. 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.