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InterDigital, Inc. — Director's Dealing 2021
Oct 19, 2021
30668_dirs_2021-10-19_bfdd4d61-0fc3-436e-9edf-58d1fef1c3b1.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: 2021-10-15
Reporting Person: Cohen Eric (Chief Strategy& Growth Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-10-15 | Common Stock | A | 7598 | $0.00 | Acquired | 33112.2085 | Direct |
| 2021-10-15 | Common Stock | F | 2824 | $68.44 | Disposed | 30288.2085 | Direct |
| 2021-10-15 | Common Stock | D | 0.203 | $68.44 | Disposed | 30288.0055 | 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 two Milestone goals, 40% of the reporting person's target performance-based restricted stock unit award, or 7,598 restricted stock units, vested on October 15, 2021.
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 reflects the cash settlement of fractional shares in connection with the vesting of restricted stock units, as described in Note 1.