QUALCOMM INC/DE — Director's Dealing 2012

Aug 20, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALCOMM INC/DE (QCOM)
CIK: 0000804328
Period of Report: 2012-08-17

Reporting Person: GILBERT ANDREW M (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-08-17	Common Stock	M	8894.0	$44.75	Acquired	25518.0	Direct
2012-08-17	Common Stock	S	8894.0	$63.0	Disposed	16624.0	Direct
2012-08-17	Common Stock	M	45000.0	$38.63	Acquired	61624.0	Direct
2012-08-17	Common Stock	S	45000.0	$63.0	Disposed	16624.0	Direct
2012-08-17	Common Stock	M	6000.0	$41.33	Acquired	22624.0	Direct
2012-08-17	Common Stock	S	6000.0	$63.0	Disposed	16624.0	Direct
2012-08-17	Common Stock	M	2534.0	$44.63	Acquired	19158.0	Direct
2012-08-17	Common Stock	S	2534.0	$63.0	Disposed	16624.0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-08-17	Non-Qualified Stock Option (right to buy)	$38.63	M	45000.0	Disposed	2018-01-10	Common Stock (45000.0)	Direct
2012-08-17	Non-Qualified Stock Option (right to buy)	$41.33	M	6000.0	Disposed	2017-10-25	Common Stock (6000.0)	Direct
2012-08-17	Non-Qualified Stock Option (right to buy)	$44.63	M	2534.0	Disposed	2017-04-26	Common Stock (2534.0)	Direct
2012-08-17	Non-Qualified Stock Option (right to buy)	$44.75	M	8894.0	Disposed	2019-11-08	Common Stock (8894.0)	Direct

Footnotes

F1: 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.

F2: 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.