InterDigital, Inc. — Director's Dealing 2020

Jan 23, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: InterDigital, Inc. (IDCC)
CIK: 0001405495
Period of Report: 2020-01-17

Reporting Person: MERRITT WILLIAM J (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-01-17	Common Stock	M	22085	$44.19	Acquired	189739.2935	Direct
2020-01-17	Common Stock	F	18175	$59.78	Disposed	171564.2935	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-01-17	Employee Stock Option (Right to Buy)	$44.19	M	22085	Disposed	2020-01-18	Common Stock (22085)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3163	Indirect

Footnotes

F1: Represents a "net exercise" of outstanding stock option. The reporting person received 3,910 shares of common stock on net exercise of option to purchase 22,085 shares of common stock. The Company withheld 18,175 shares of common stock underlying the option for payment of the exercise price and tax withholdings using a stock price on January 17, 2020 of $59.78.

F2: As of the most recently published account statement, the reporting person beneficially owned this number of whole shares of common stock pursuant to the InterDigital Savings and Protection Plan.

F3: The stock option vested as follows: 7,361 on January 18, 2014; 7,362 on January 18, 2015; and 7,362 on January 18, 2016.