AI assistant
InterDigital, Inc. — Director's Dealing 2014
Jan 3, 2014
30668_dirs_2014-01-03_bbbc5fee-9aa8-4edb-8304-4091ddef9b30.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: 2014-01-01
Reporting Person: Nolan James J (Executive VP, R&D)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-01-01 | Common Stock | F | 687 | $29.49 | Disposed | 38108.7712 | Direct |
| 2014-01-01 | Common Stock | D | 0.7389 | $29.49 | Disposed | 38108.0323 | Direct |
| 2014-01-01 | Common Stock | A | 3079.8472 | $0.00 | Acquired | 41187.8795 | Direct |
| 2014-01-01 | Common Stock | F | 1255 | $29.49 | Disposed | 39932.8795 | Direct |
| 2014-01-01 | Common Stock | D | 0.8472 | $29.49 | Disposed | 39932.0323 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 3109 | Indirect |
Footnotes
F1: The transaction reported reflects the withholding of restricted stock units in satisfaction of the reporting person's tax liability. The restricted stock units were granted to the reporting person on January 1, 2011 pursuant to the company's 2009 Stock Incentive Plan in accordance with the company's Long-Term Compensation Program and vested on January 1, 2014 together with accrued dividend equivalents.
F2: The transaction reported reflects the cash settlement of a fractional share in connection with the vesting of restricted stock units, as described in Note (1).
F3: The transaction reported represents the vesting of an award of performance-based restricted stock units granted to the reporting person on January 18, 2013 pursuant to the company's 2009 Stock Incentive Plan in accordance with the 2011-2013 cycle under the company's Long-Term Compensation Program. Based on the achievement level of the 2011-2013 cycle performance goal, 71% of the reporting person's target performance-based restricted stock unit award, or 3,056 restricted stock units, vested on January 1, 2014, together with 23.8472 additional shares representing accrued dividend equivalents.
F4: The transaction reported reflects the withholding of restricted stock units in satisfaction of the reporting person's tax liability in connection with the transaction described in Note (3).
F5: The transaction reported reflects the cash settlement of a fractional share in connection with the vesting of restricted stock units, as described in Note (3).
F6: 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.