QUALCOMM INC/DE — Director's Dealing 2012

Feb 29, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALCOMM INC/DE (QCOM)
CIK: 0000804328
Period of Report: 2012-02-28

Reporting Person: ALTMAN STEVEN R (Vice Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-02-28	Common Stock	M	37523.0	$37.29	Acquired	37523.0	Indirect
2012-02-28	Common Stock	S	37523.0	$63.0266	Disposed	0.0	Indirect
2012-02-28	Common Stock	M	104860.0	$43.62	Acquired	209367.0	Indirect
2012-02-28	Common Stock	S	104860.0	$63.0266	Disposed	104507.0	Indirect
2012-02-28	Common Stock	M	57617.0	$37.29	Acquired	162124.0	Indirect
2012-02-28	Common Stock	S	57617.0	$63.0266	Disposed	104507.0	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-02-28	Non-Qualified Stock Option (right to buy)	$37.29	M	57617.0	Disposed	2017-11-11	Common Stock (57617.0)	Direct
2012-02-28	Non-Qualified Stock Option (right to buy)	$43.62	M	104860.0	Disposed	2014-12-02	Common Stock (104860.0)	Direct
2012-02-28	Non-Qualified Stock Option (right to buy)	$37.29	M	37523.0	Disposed	2017-11-11	Common Stock (37523.0)	Indirect

Footnotes

F1: The sale prices for this transaction ranged from $63 to $63.13. 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.