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InterDigital, Inc. Director's Dealing 2017

Mar 17, 2017

30668_dirs_2017-03-17_1b401e5c-1610-4d5c-9b5f-d714fe029d82.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: 2017-03-15

Reporting Person: Nolan James J (EVP, IoT Solutions)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-03-15 Common Stock F 2637 $85.45 Disposed 51079.4746 Direct
2017-03-15 Common Stock D 0.3053 $85.45 Disposed 51079.1693 Direct
2017-03-15 Common Stock A 20461.2203 $0.00 Acquired 71540.3896 Direct
2017-03-15 Common Stock F 8855 $85.45 Disposed 62685.3896 Direct
2017-03-15 Common Stock D 0.2203 $85.45 Disposed 62685.1693 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 3162 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 19,552 restricted stock units, vested on March 15, 2017, together with 909.2203 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.