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InterDigital, Inc. — Director's Dealing 2020
Jun 18, 2020
30668_dirs_2020-06-17_6000aa20-d8c3-4c60-b4ec-5e801b4dc245.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: 2020-06-15
Reporting Person: Gulino Richard L. (CLO, GC & Corp Sec)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-06-15 | Common Stock | A | 3030 | $0.00 | Acquired | 10266.0091 | Direct |
| 2020-06-15 | Common Stock | D | 929 | $55.38 | Disposed | 9337.0091 | 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 3,030 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.