QUALCOMM INC/DE — Director's Dealing 2012

Jul 31, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALCOMM INC/DE (QCOM)
CIK: 0000804328
Period of Report: 2012-07-27

Reporting Person: LEDERER JAMES P (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-07-27	Common Stock	M	3750.0	$35.66	Acquired	10959.1722	Direct
2012-07-27	Common Stock	S	3750.0	$59.5	Disposed	7209.1722	Direct
2012-07-27	Common Stock	M	1500.0	$41.33	Acquired	8709.1722	Direct
2012-07-27	Common Stock	S	1500.0	$59.5	Disposed	7209.1722	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-07-27	Non-Qualified Stock Option (right to buy)	$35.66	M	3750.0	Disposed	2018-11-06	Common Stock (3750.0)	Direct
2012-07-27	Non-Qualified Stock Option (right to buy)	$41.33	M	1500.0	Disposed	2017-10-25	Common Stock (1500.0)	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: Securities held by Mitchell J. Lederer (UTMA/CA) and James P. Lederer (C/F).

F3: 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).

F4: 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.