InterDigital, Inc. — Director's Dealing 2020

Jun 18, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: InterDigital, Inc. (IDCC)
CIK: 0001405495
Period of Report: 2020-06-15

Reporting Person: Oistamo Kai Olavi (Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-06-15	Common Stock	A	2994	$0.00	Acquired	53102.2059	Direct
2020-06-15	Common Stock	D	1144	$55.38	Disposed	51958.2059	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-03-31	Employee Stock Option (right to buy)	$44.63	A	11519	Acquired	2030-03-31	Common Stock (11519)	Direct

Footnotes

F1: The transaction reported represents the partial vesting of an award of performance-based restricted stock units granted to the reporting person on March 31, 2020 pursuant to the company's 2017 Stock Incentive Plan in accordance with the 2020 Long-Term Compensation Program. Based on the achievement of a Milestone goal, 20% of the reporting person's target performance-based restricted stock unit award, or 2,994 restricted stock units, vested on June 15, 2020.

F2: 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 1.

F3: The transaction reported represents the vesting of a partial award of performance-based stock options granted to the reporting person on March 31, 2020 pursuant to the company's 2017 Stock Incentive Plan in accordance with the 2020 Long-Term Compensation Program. Based on the achievement of the first Milestone goal, 20% of the reporting person's target performance-based options, or 11,519 options, vested on June 15, 2020.