QUALCOMM INC/DE — Director's Dealing 2012

Feb 22, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALCOMM INC/DE (QCOM)
CIK: 0000804328
Period of Report: 2012-02-21

Reporting Person: ALTMAN STEVEN R (Vice Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-02-21	Common Stock	M	200.0	$37.29	Acquired	200.0	Direct
2012-02-21	Common Stock	S	200.0	$62.8001	Disposed	0.0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-02-21	Non-Qualified Stock Option (right to buy)	$37.29	M	200.0	Disposed	2017-11-11	Common Stock (200.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	104507.0	Indirect

Footnotes

F1: The sale prices for this transaction ranged from $62.80 to $62.8002. The filer hereby agrees to provide, upon request, full information regarding the number of shares sold at each separate price.

F2: Securities held by Steven R. Altman and Lisa J. Altman Ttees FBO The Altman Family Trust dtd. 8/21/92.

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.