InterDigital, Inc. — Director's Dealing 2021

Oct 19, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: InterDigital, Inc. (IDCC)
CIK: 0001405495
Period of Report: 2021-10-15

Reporting Person: Chen Lawrence Liren (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-10-15	Common Stock	A	46788	$0.00	Acquired	118534.7474	Direct
2021-10-15	Common Stock	F	19872	$68.44	Disposed	98662.7474	Direct
2021-10-15	Common Stock	D	1.6767	$68.44	Disposed	98661.0707	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-10-15	Employee Stock Options (right to buy)	$73.15	A	150815	Acquired	2031-04-15	Common Stock (150815)	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 April 15, 2021 pursuant to the company's 2017 Stock Incentive Plan in accordance with his new hire performance equity award. Based on the achievement of multiple milestone goals, 150% of the reporting person's target performance-based restricted stock unit award, or 46,788 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.

F4: The transaction reported represents the partial vesting of an award of performance-based stock options granted to the reporting person on April 15, 2021 pursuant to the company's 2017 Stock Incentive Plan in accordance with his new hire performance equity award. Based on the achievement of multiple Milestone goals, 150% of the reporting person's target performance-based options vested on October 15, 2021.