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InterDigital, Inc. Director's Dealing 2019

Mar 19, 2019

30668_dirs_2019-03-19_9356dd05-835a-43a7-8f00-2d3a65d3b1f7.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: 2019-03-15

Reporting Person: Lau Jannie K (CLO, GC & Corp Sec)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-03-15 Common Stock F 1042 $67.61 Disposed 20834.9301 Direct
2019-03-15 Common Stock D 0.5401 $67.61 Disposed 20834.39 Direct
2019-03-15 Common Stock F 2085 $67.61 Disposed 18749.39 Direct
2019-03-15 Common Stock D 0.0811 $67.61 Disposed 18749.3089 Direct
2019-03-15 Common Stock A 6739.0811 $67.61 Acquired 25488.39 Direct
2019-03-15 Common Stock A 3698 $67.61 Acquired 29186.39 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 30, 2016 pursuant to the company's 2009 Stock Incentive Plan in accordance with the company's Long-Term Compensation Program and vested on March 15, 2019, 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 reflects the withholding of restricted stock units in satisfaction of the reporting person's tax liability in connection with the transaction described in Note 5.

F4: The transaction reported reflects the cash settlement of a fractional share in connection with the vesting of restricted stock units, as described in Note 5.

F5: The transaction reported represents the vesting of an award of performance-based restricted stock units granted to the reporting person on March 30, 2016 pursuant to the company's 2009 Stock Incentive Plan in accordance with the 2016-2018 cycle under the company's Long-Term Compensation Program. Based on the achievement level of the 2016-2018 cycle performance goal, 100% of the reporting person's target performance-based restricted stock unit award, or 6,418 restricted stock units, vested on March 15, 2019, together with 321.0811 additional shares representing accrued dividend equivalent units.

F6: Restricted stock units granted pursuant to the company's 2017 Equity Incentive Plan in accordance with the company's long-term compensation program.