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InterDigital, Inc. Director's Dealing 2018

Mar 5, 2018

30668_dirs_2018-03-05_6bc7975d-5066-45db-9831-da6b3d31467e.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: 2018-03-01

Reporting Person: HUTCHESON STEWART D (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-03-01 Common Stock D 0.8481 $71.00 Disposed 11456.565 Direct
2018-03-02 Common Stock S 272 $70.20 Disposed 11184.565 Direct

Footnotes

F1: The transaction reported reflects the cash settlement of a fractional share in connection with the settlement of restricted stock units. The restricted stock units were granted to the reporting person on June 8, 2016, in accordance with the company's compensation program for non-management directors, and vested in full on June 8, 2017. The settlement of such restricted stock unit award was deferred, with the settlement to occur in three equal installments, together with accrued dividend equivalents, on March 1, 2018, March 1, 2019 and March 1, 2020, respectively.

F2: The transaction reported was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person to satisfy tax obligations upon the settlement of restricted stock units, as described in Note (1).