QUALCOMM INC/DE — Director's Dealing 2012

Apr 26, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALCOMM INC/DE (QCOM)
CIK: 0000804328
Period of Report: 2012-04-25

Reporting Person: CRUICKSHANK DONALD G (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-04-25	Common Stock	M	30000.0	$38.25	Acquired	31172.0	Direct
2012-04-25	Common Stock	S	30000.0	$63.0945	Disposed	1172.0	Direct
2012-04-25	Common Stock	S	1172.0	$63.0	Disposed	0.0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-04-25	Non-Qualified Stock Option (right to buy)	$38.25	M	30000.0	Disposed	2015-06-02	Common Stock (30000.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	8200.0	Indirect

Footnotes

F1: The sale prices for this transaction ranged from $62.99 to $63.16. The filer hereby agrees to provide, upon request, full information regarding the number of shares sold at each separate price.

F2: Securities held in a pension plan for the benefit of the reporting person.

F3: The options vest 20% on the one year 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.