QUALCOMM INC/DE — Director's Dealing 2012

Jan 18, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALCOMM INC/DE (QCOM)
CIK: 0000804328
Period of Report: 2012-01-17

Reporting Person: MOLLENKOPF STEVEN M (President & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-01-17	Common Stock	M	1166.0	$44.63	Acquired	19613.68	Direct
2012-01-17	Common Stock	S	1166.0	$57.5	Disposed	18447.68	Direct
2012-01-17	Common Stock	M	2000.0	$41.33	Acquired	20447.68	Direct
2012-01-17	Common Stock	S	2000.0	$57.5	Disposed	18447.68	Direct
2012-01-17	Common Stock	M	43834.0	$52.87	Acquired	62281.68	Direct
2012-01-17	Common Stock	S	43834.0	$57.5	Disposed	18447.68	Direct
2012-01-17	Common Stock	M	667.0	$47.35	Acquired	19114.68	Direct
2012-01-17	Common Stock	S	667.0	$57.5	Disposed	18447.68	Direct
2012-01-17	Common Stock	M	2333.0	$43.24	Acquired	20780.68	Direct
2012-01-17	Common Stock	S	2333.0	$57.5	Disposed	18447.68	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-01-17	Non-Qualified Stock Option (right to buy)	$41.33	M	2000.0	Disposed	2017-10-25	Common Stock (2000.0)	Direct
2012-01-17	Non-Qualified Stock Option (right to buy)	$43.24	M	2333.0	Disposed	2018-04-24	Common Stock (2333.0)	Direct
2012-01-17	Non-Qualified Stock Option (right to buy)	$44.63	M	1166.0	Disposed	2017-04-26	Common Stock (1166.0)	Direct
2012-01-17	Non-Qualified Stock Option (right to buy)	$47.35	M	667.0	Disposed	2018-05-18	Common Stock (667.0)	Direct
2012-01-17	Non-Qualified Stock Option (right to buy)	$52.87	M	43834.0	Disposed	2018-08-03	Common Stock (43834.0)	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 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.