QUALCOMM INC/DE — Director's Dealing 2012

Jan 4, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALCOMM INC/DE (QCOM)
CIK: 0000804328
Period of Report: 2011-12-31

Reporting Person: JACOBS IRWIN M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-12-31	Common Stock	A	452.325	$0.0	Acquired	4374.1729	Direct
2011-12-27	Common Stock	G	500000.0	$0.0	Acquired	7229339.0	Indirect
2011-12-16	Common Stock	G	56471.0	$0.0	Disposed	5316701.0	Indirect
2011-12-27	Common Stock	G	500000.0	$0.0	Disposed	4316701.0	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	7229339.0	Indirect

Footnotes

F1: Deferred Stock Units are 100% vested on grant date. The units will be settled in shares of the Company's common stock three years from the date of grant.

F2: The total shares beneficially owned include dividend equivalent shares and are subject to the same vesting requirements as the Deferred Stock Units.

F3: Gift to Spouse's Grantor Retained Annuity Trust (GRAT) who shares reporting person's household. The reporting person disclaims beneficial ownership of the shares held by Mrs. Jacobs' GRAT, and this report should not be deemed an admission that the reporting person is the beneficial owner of his spouse's shares for purposes of Section 16 or for any other purpose.

F4: Stock options held by Nicholas S. Oliva, Trustee of the Joan Klein Jacobs' Grantor Retained Annuity Trust.

F5: The transaction was conducted under a 10b5-1 Plan, as defined under the Securities Exchange Act of 1934, as amended.

F6: Securities held by Irwin M. Jacobs & Joan Klein Jacobs as Trustees of the Irwin Mark Jacobs & Joan Klein Jacobs Family Trust UTA dtd 6/2/80, as amended 6/30/92.

F7: Securities held by Nicholas S. Oliva, Trustee of the Irwin Mark Jacobs' Grantor Retained Annuity Trust.