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InterDigital, Inc. — Director's Dealing 2015
Jan 5, 2015
30668_dirs_2015-01-05_8c7ed883-611f-4e84-a47e-bfac0e606a7d.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: InterDigital, Inc. (IDCC)
CIK: 0001405495
Period of Report: 2015-01-01
Reporting Person: Lau Jannie K (EVP, General Counsel & Sec.)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-01-01 | Common Stock | F | 197 | $52.90 | Disposed | 10753.0329 | Direct |
| 2015-01-01 | Common Stock | D | 0.0117 | $52.90 | Disposed | 10753.0212 | Direct |
| 2015-01-01 | Common Stock | F | 411 | $52.90 | Disposed | 10342.0212 | Direct |
| 2015-01-01 | Common Stock | D | 0.4752 | $52.90 | Disposed | 10341.546 | Direct |
| 2015-01-01 | Common Stock | A | 1585.434 | $0.00 | Acquired | 11926.98 | Direct |
| 2015-01-01 | Common Stock | F | 551 | $52.90 | Disposed | 11375.98 | Direct |
| 2015-01-01 | Common Stock | D | 0.434 | $52.90 | Disposed | 11375.546 | Direct |
| 2015-01-01 | Common Stock | A | 3822.85 | $0.00 | Acquired | 15198.396 | Direct |
| 2015-01-01 | Common Stock | F | 1261 | $52.90 | Disposed | 13937.396 | Direct |
| 2015-01-01 | Common Stock | D | 0.85 | $52.90 | Disposed | 13936.546 | Direct |
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, 2012 pursuant to the company's 2009 Stock Incentive Plan in accordance with the company's Long-Term Compensation Program and vested on January 1, 2015 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 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 June 15, 2012 pursuant to the company's 2009 Stock Incentive Plan in accordance with the company's Long-Term Compensation Program and vested on January 1, 2015 together with accrued dividend equivalents.
F4: 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).
F5: 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 2012-2014 cycle under the company's Long-Term Compensation Program. Based on the achievement level of the 2012-2014 cycle performance goal, 110% of the reporting person's target performance-based restricted stock unit award, or 1,549 restricted stock units, vested on January 1, 2015, together with 36.434 additional shares representing accrued dividend equivalents.
F6: 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 (5).
F7: The transaction reported reflects the cash settlement of a fractional share in connection with the vesting of restricted stock units, as described in Note (5).
F8: The transaction reported represents the vesting of a discretionary grant of performance-based restricted stock units awarded to the reporting person for retention purposes on January 18, 2013 pursuant to the company's 2009 Stock Incentive Plan in accordance with the 2012-2014 cycle under the company's Long-Term Compensation Program. Based on the achievement level of the 2012-2014 cycle performance goal, 110% of the reporting person's target performance-based restricted stock unit award, or 3,735 restricted stock units, vested on January 1, 2015, together with 87.85 additional shares representing accrued dividend equivalents.
F9: 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 (8).
F10: The transaction reported reflects the cash settlement of a fractional share in connection with the vesting of restricted stock units, as described in Note (8).