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: Cohen Eric (Chief Strategy& Growth Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-03-15	Common Stock	A	7732.3263	$0.00	Acquired	38229.0651	Direct
2022-03-15	Common Stock	A	708.5845	$0.00	Acquired	38937.6496	Direct
2022-03-15	Common Stock	F	3660	$62.19	Disposed	35277.6496	Direct
2022-03-15	Common Stock	D	0.9108	$62.19	Disposed	35276.7388	Direct
2022-03-15	Common Stock	F	2180	$62.19	Disposed	33096.7388	Direct
2022-03-15	Common Stock	D	1.8053	$62.19	Disposed	33094.9335	Direct
2022-03-15	Common Stock	A	10613	$0.00	Acquired	43707.9335	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 7,222 restricted stock units, vested on March 15, 2022, together with 510.3263 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 694 restricted stock units, vested on March 15, 2022, together with 14.5845 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.