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InterDigital, Inc. — Director's Dealing 2018
Mar 19, 2018
30668_dirs_2018-03-19_69e2fc05-deb3-480f-a84c-41b022063ea5.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: 2018-03-15
Reporting Person: Lau Jannie K (Chief Legal Officer & Corp Sec)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-03-15 | Common Stock | F | 612 | $75.00 | Disposed | 18176.1429 | Direct |
| 2018-03-15 | Common Stock | D | 0.6426 | $75.00 | Disposed | 18175.5003 | Direct |
| 2018-03-15 | Common Stock | A | 7924.4758 | $0.00 | Acquired | 26099.9761 | Direct |
| 2018-03-15 | Common Stock | F | 2504 | $75.00 | Disposed | 23595.9761 | Direct |
| 2018-03-15 | Common Stock | D | 0.4758 | $75.00 | Disposed | 23595.5003 | 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 March 15, 2015 pursuant to the company's 2009 Stock Incentive Plan in accordance with the company's Long-Term Compensation Program and vested on March 15, 2018, 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, 2015 pursuant to the company's 2009 Stock Incentive Plan in accordance with the 2015-2017 cycle under the company's Long-Term Compensation Program. Based on the achievement level of the 2015-2017 cycle performance goal, 200% of the reporting person's target performance-based restricted stock unit award, or 7,570 restricted stock units, vested on March 15, 2018, together with 354.4758 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.