QUALCOMM INC/DE — Director's Dealing 2013

Jan 4, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALCOMM INC/DE (QCOM)
CIK: 0000804328
Period of Report: 2013-01-02

Reporting Person: KEITEL WILLIAM E (EVP & Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-01-02	Common Stock	S	8985.0	$64.75	Disposed	47786.0	Direct
2013-01-02	Common Stock	M	68908.0	$35.66	Acquired	116694.0	Direct
2013-01-02	Common Stock	S	68908.0	$64.75	Disposed	47786.0	Direct
2013-01-03	Common Stock	M	37588.0	$44.75	Acquired	85374.0	Direct
2013-01-03	Common Stock	S	37588.0	$64.7565	Disposed	47786.0	Direct
2013-01-03	Common Stock	M	43592.0	$35.66	Acquired	91378.0	Direct
2013-01-03	Common Stock	S	43592.0	$64.7565	Disposed	47786.0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-01-02	Non-Qualified Stock Option (right to buy)	$35.66	M	68908.0	Disposed	2018-11-06	Common Stock (68908.0)	Direct
2013-01-03	Non-Qualified Stock Option (right to buy)	$35.66	M	43592.0	Disposed	2018-11-06	Common Stock (43592.0)	Direct
2013-01-03	Non-Qualified Stock Option (right to buy)	$44.75	M	37588.0	Disposed	2019-11-08	Common Stock (37588.0)	Direct

Footnotes

F1: The transaction was conducted under a 10b5-1 Plan, as defined under the Securities Exchange Act of 1934, as amended.

F2: The sale prices for this transaction ranged from $64.75 to $64.8178. The filer hereby agrees to provide, upon request, full information regarding the number of shares sold at each separate price.

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.

F4: 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.