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InterDigital, Inc. — Director's Dealing 2019
Mar 5, 2019
30668_dirs_2019-03-05_0093f7a8-df64-44a2-af37-1fe036270ccd.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: 2019-03-01
Reporting Person: HUTCHESON STEWART D (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-03-01 | Common Stock | D | 0.0131 | $68.07 | Disposed | 13235.6464 | Direct |
| 2019-03-04 | Common Stock | S | 272 | $68.16 | Disposed | 12963.6464 | 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 vesting of restricted stock units, as described in Note (1).