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: BREZSKI RICHARD (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-03-15	Common Stock	A	11046.0272	$0.00	Acquired	85018.1419	Direct
2022-03-15	Common Stock	A	708.5845	$0.00	Acquired	85726.7264	Direct
2022-03-15	Common Stock	F	5259	$62.19	Disposed	80467.7264	Direct
2022-03-15	Common Stock	D	0.6117	$62.19	Disposed	80467.1147	Direct
2022-03-15	Common Stock	F	2319	$62.19	Disposed	78148.1147	Direct
2022-03-15	Common Stock	D	1.1707	$62.19	Disposed	78146.944	Direct
2022-03-15	Common Stock	A	10613	$0.00	Acquired	88759.944	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1912	Indirect

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 10,317 restricted stock units, vested on March 15, 2022, together with 729.0272 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.

F8: 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.