AI assistant
InterDigital, Inc. — Director's Dealing 2010
Nov 10, 2010
30668_dirs_2010-11-10_f81398b1-6cf8-4055-a412-886ac6fa2ca0.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: InterDigital, Inc. (IDCC)
CIK: 0001405495
Period of Report: 2010-11-08
Reporting Person: MERRITT WILLIAM J (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-11-08 | Common Stock | M | 16750 | $13.19 | Acquired | 117245 | Direct |
| 2010-11-08 | Common Stock | M | 40000 | $12.07 | Acquired | 157245 | Direct |
| 2010-11-08 | Common Stock | S | 56750 | $34.52 | Disposed | 100495 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-11-08 | Options (Right-to-Buy) | $13.19 | M | 16750 | Disposed | 2011-01-29 | Common Stock (25000) | Direct |
| 2010-11-08 | Options (Right-to-Buy) | $12.07 | M | 40000 | Disposed | 2011-07-12 | Common Stock (50000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 2913 | Indirect |
Footnotes
F1: The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
F2: The price reported is the weighted average sale price for the transactions reported. The sale prices ranged from $34.36 to $34.59. Full information about the transactions reported will be provided upon request.
F3: As of the most recently published account statement, the reporting person beneficially owned this number of whole shares of common stock pursuant to the InterDigital Savings and Protection Plan.
F4: A grant of 25,000 options that vested every six months, first in two installments of 4,166 and second in four installments of 4,167, beginning on the date specified, and that were set to expire on 01/29/2011.
F5: A grant of 50,000 options that vested every six months, first in four installments of 8,333 and second in two installments of 8,334, beginning on the date specified, and that were set to expire on 07/12/2011.