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InterDigital, Inc. — Director's Dealing 2020
Jan 23, 2020
30668_dirs_2020-01-22_383ddd7c-d31d-4948-8acf-bf2c35b98d3e.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: 2020-01-17
Reporting Person: BREZSKI RICHARD (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-01-17 | Common Stock | M | 7362 | $44.19 | Acquired | 49175.8887 | Direct |
| 2020-01-17 | Common Stock | F | 6139 | $59.66 | Disposed | 43036.8887 | 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 | 7362 | Disposed | 2020-01-18 | Common Stock (7362) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1733 | Indirect |
Footnotes
F1: Represents a "net exercise" of outstanding stock option. The reporting person received 1,223 shares of common stock on net exercise of option to purchase 7,362 shares of common stock. The Company withheld 6,139 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 $59.66.
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 in three equal annual installments beginning on January 18, 2014.