QUALCOMM INC/DE — Director's Dealing 2012

Aug 15, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALCOMM INC/DE (QCOM)
CIK: 0000804328
Period of Report: 2012-08-14

Reporting Person: LEDERER JAMES P (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-08-14	Common Stock	M	1625.0	$43.24	Acquired	7549.0883	Direct
2012-08-14	Common Stock	S	1625.0	$62.5008	Disposed	5924.0883	Direct
2012-08-14	Common Stock	M	500.0	$47.35	Acquired	6424.0883	Direct
2012-08-14	Common Stock	S	500.0	$62.5008	Disposed	5924.0883	Direct
2012-08-14	Common Stock	M	3669.0	$44.75	Acquired	9593.0883	Direct
2012-08-14	Common Stock	S	3669.0	$62.5008	Disposed	5924.0883	Direct
2012-08-14	Common Stock	M	333.0	$44.63	Acquired	6257.0883	Direct
2012-08-14	Common Stock	S	333.0	$62.5008	Disposed	5924.0883	Direct
2012-08-14	Common Stock	M	2500.0	$52.87	Acquired	8424.0883	Direct
2012-08-14	Common Stock	S	2500.0	$62.5008	Disposed	5924.0883	Direct
2012-08-14	Common Stock	M	3750.0	$35.66	Acquired	9674.0883	Direct
2012-08-14	Common Stock	S	3750.0	$62.5	Disposed	5924.0883	Direct
2012-08-14	Common Stock	M	1500.0	$41.33	Acquired	7424.0883	Direct
2012-08-14	Common Stock	S	1500.0	$62.5	Disposed	5924.0883	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-08-14	Non-Qualified Stock Option (right to buy)	$35.66	M	3750.0	Disposed	2018-11-06	Common Stock (3750.0)	Direct
2012-08-14	Non-Qualified Stock Option (right to buy)	$41.33	M	1500.0	Disposed	2017-10-25	Common Stock (1500.0)	Direct
2012-08-14	Non-Qualified Stock Option (right to buy)	$43.24	M	1625.0	Disposed	2018-04-24	Common Stock (1625.0)	Direct
2012-08-14	Non-Qualified Stock Option (right to buy)	$44.63	M	333.0	Disposed	2017-04-26	Common Stock (333.0)	Direct
2012-08-14	Non-Qualified Stock Option (right to buy)	$44.75	M	3669.0	Disposed	2019-11-08	Common Stock (3669.0)	Direct
2012-08-14	Non-Qualified Stock Option (right to buy)	$47.35	M	500.0	Disposed	2018-05-18	Common Stock (500.0)	Direct
2012-08-14	Non-Qualified Stock Option (right to buy)	$52.87	M	2500.0	Disposed	2018-08-03	Common Stock (2500.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	50.0	Indirect
Common Stock	100.0	Indirect

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 $62.50 to $62.51. The filer hereby agrees to provide, upon request, full information regarding the number of shares sold at each separate price.

F3: Securities held by Mitchell J. Lederer (UTMA/CA) and James P. Lederer (C/F).

F4: Securities held in two separate Joint Accounts: 50 shares are held by Kyle R. Lederer and James P. Lederer (JTWROS) and 50 shares are held by Brian K. Lederer and James P. Lederer (JTWROS).

F5: 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.

F6: 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.