InterDigital, Inc. — Director's Dealing 2022

Mar 18, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: InterDigital, Inc. (IDCC)
CIK: 0001405495
Period of Report: 2022-03-15

Reporting Person: Tirri Henry (Chief Technology Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-03-15	Common Stock	A	12150.9514	$0.00	Acquired	43021.1617	Direct
2022-03-15	Common Stock	A	772.9086	$0.00	Acquired	43794.0703	Direct
2022-03-15	Common Stock	F	6749	$62.19	Disposed	37045.0703	Direct
2022-03-15	Common Stock	D	1.86	$62.19	Disposed	37043.2103	Direct
2022-03-15	Common Stock	F	3309	$62.19	Disposed	33734.2103	Direct
2022-03-15	Common Stock	D	0.9354	$62.19	Disposed	33733.2749	Direct
2022-03-15	Common Stock	A	11578	$0.00	Acquired	45311.2749	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 15, 2019 pursuant to the company's 2017 Equity Incentive Plan in accordance with the company's long-term compensation program. Based on the achievement level of the 2019 cycle performance goal, 93% of the reporting person's target performance-based restricted stock unit award, or 11,349 restricted stock units, vested on March 15, 2022, together with 801.9514 additional shares representing accrued dividend equivalent units.

F2: The transaction reported represents the partial vesting of an award of performance-based restricted stock units granted to the reporting person on March 31, 2021 pursuant to the company's 2017 Equity Incentive Plan in accordance with the company's long-term compensation program. Based on the achievement of one Milestone goal, 25% of the reporting person's target Milestone restricted stock unit award, or 757 restricted stock units, vested on March 15, 2022, together with 15.9086 additional shares representing accrued dividend equivalent units.

F3: The transaction reported reflects the withholding of restricted stock units in satisfaction of the reporting person's tax liability in connection with the transactions described in Notes 1 and 2.

F4: The transaction reported reflects the cash settlement of fractional shares in connection with the vesting of restricted stock units, as described in Notes 1 and 2.

F5: The transaction reported reflects the withholding of restricted stock units in satisfaction of the reporting person's tax liability. The restricted stock
units were granted to the reporting person on March 15, 2019 and March 31, 2021 pursuant to the company's 2017 Equity Incentive Plan in accordance with the
company's long-term compensation program and vested on March 15, 2022, together with accrued dividend equivalents.

F6: The transaction reported reflects the cash settlement of fractional shares in connection with the vesting of restricted stock units, as described in
Note 5.

F7: Restricted stock units granted pursuant to the company's 2017 Equity Incentive Plan in accordance with the company's long-term compensation program.