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: ALTMAN STEVEN R (Vice Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-07-27	Common Stock	M	9083.0	$35.66	Acquired	113590.0	Indirect
2012-07-27	Common Stock	S	9083.0	$59.5015	Disposed	104507.0	Indirect
2012-07-27	Common Stock	M	40917.0	$37.29	Acquired	145424.0	Indirect
2012-07-27	Common Stock	S	40917.0	$59.5015	Disposed	104507.0	Indirect

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	9083.0	Disposed	2018-11-06	Common Stock (9083.0)	Direct
2012-07-27	Non-Qualified Stock Option (right to buy)	$37.29	M	40917.0	Disposed	2017-11-11	Common Stock (40917.0)	Direct

Footnotes

F1: Securities held by Steven R. Altman and Lisa J. Altman Ttees FBO The Altman Family Trust dtd. 8/21/92.

F2: The transaction was conducted under a 10b5-1 Plan, as defined under the Securities Exchange Act of 1934, as amended.

F3: The sale prices for this transaction ranged from $59.50 to $59.51. The filer hereby agrees to provide, upon request, full information regarding the number of shares sold at each separate price.

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.