QUALCOMM INC/DE — Director's Dealing 2012

Nov 5, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALCOMM INC/DE (QCOM)
CIK: 0000804328
Period of Report: 2012-11-01

Reporting Person: Johnson Margaret L (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-11-01	Common Stock	M	9593.0	$44.75	Acquired	33808.0	Direct
2012-11-01	Common Stock	S	9593.0	$58.9128	Disposed	24215.0	Direct
2012-11-01	Common Stock	M	10407.0	$35.66	Acquired	34622.0	Direct
2012-11-01	Common Stock	S	10407.0	$58.9128	Disposed	24215.0	Direct
2012-11-01	Common Stock	M	10000.0	$37.29	Acquired	34215.0	Direct
2012-11-01	Common Stock	S	10000.0	$58.9128	Disposed	24215.0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-11-01	Non-Qualified Stock Option (right to buy)	$35.66	M	10407.0	Disposed	2018-11-06	Common Stock (10407.0)	Direct
2012-11-01	Non-Qualified Stock Option (right to buy)	$37.29	M	10000.0	Disposed	2017-11-11	Common Stock (10000.0)	Direct
2012-11-01	Non-Qualified Stock Option (right to buy)	$44.75	M	9593.0	Disposed	2019-11-08	Common Stock (9593.0)	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 $58.52 to $59.16. 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.