AI assistant
InterDigital, Inc. — Director's Dealing 2019
Jun 4, 2019
30668_dirs_2019-06-04_a05bce93-11f2-448a-be20-50a3e30d5935.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: InterDigital, Inc. (IDCC)
CIK: 0001405495
Period of Report: 2019-05-31
Reporting Person: RANKIN JEAN F (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-05-31 | Common Stock | D | 0.2821 | $63.52 | Disposed | 20918 | Direct |
| 2019-06-04 | Common Stock | S | 680 | $64.84 | Disposed | 20238 | Direct |
Footnotes
F1: The transaction reported reflects the cash settlement of a fractional share in connection with the vesting of restricted stock units. The restricted stock units were granted to the reporting person on May 31, 2018 pursuant to the company's 2017 Stock Incentive Plan in accordance with the company's compensation program for non-employee directors and vested, in full, on May 31, 2019, together with accrued dividend equivalent units.
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 vesting of restricted stock units, as described in Note (1).