InterDigital, Inc. — Director's Dealing 2017

Mar 17, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: InterDigital, Inc. (IDCC)
CIK: 0001405495
Period of Report: 2017-03-15

Reporting Person: MERRITT WILLIAM J (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-03-15	Common Stock	F	6517	$85.45	Disposed	106750.5833	Direct
2017-03-15	Common Stock	D	0.6297	$85.45	Disposed	106749.9536	Direct
2017-03-15	Common Stock	A	53706.5179	$0.00	Acquired	160456.4715	Direct
2017-03-15	Common Stock	F	24979	$85.45	Disposed	135477.4715	Direct
2017-03-15	Common Stock	D	0.5179	$85.45	Disposed	135476.9536	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3180	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 March 15, 2014 pursuant to the company's 2009 Stock Incentive Plan in accordance with the company's Long-Term Compensation Program and vested on March 15, 2017, 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 March 15, 2014 pursuant to the company's 2009 Stock Incentive Plan in accordance with the 2014-2016 cycle under the company's Long-Term Compensation Program. Based on the achievement level of the 2014-2016 cycle performance goal, 200% of the reporting person's target performance-based restricted stock unit award, or 51,320 restricted stock units, vested on March 15, 2017, together with 2,386.5179 additional shares representing accrued dividend equivalent units.

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.