AI assistant
InterDigital, Inc. — Director's Dealing 2022
Mar 15, 2022
30668_dirs_2022-03-15_af353a72-741e-48b3-8c37-efd6120405f9.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: InterDigital, Inc. (IDCC)
CIK: 0001405495
Period of Report: 2022-03-11
Reporting Person: BREZSKI RICHARD (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-03-11 | Common Stock | F | 7914 | $63.00 | Disposed | 64764.1147 | Direct |
| 2022-03-11 | Common Stock | F | 1588 | $63.00 | Disposed | 63176.1147 | Direct |
| 2022-03-11 | Common Stock | M | 8904 | $52.85 | Acquired | 72080.1147 | Direct |
| 2022-03-11 | Common Stock | M | 1892 | $52.85 | Acquired | 73972.1147 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-03-11 | Employee Stock Option (Right-to-Buy) | $52.85 | M | 10796 | Acquired | 2022-03-15 | Common Stock (10796) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1912 | Indirect |
Footnotes
F1: Represents a "net exercise" of outstanding stock options. The reporting person received 990 shares of common stock on net exercise of an option to purchase 8,904 shares of common stock. The Company withheld 7,914 shares of common stock underlying the option for payment of the exercise price and tax withholdings using the stock price on March 11, 2022 of $63.00.
F2: Represents a "net exercise" of outstanding stock options. The reporting person received 304 shares of common stock on net exercise of an option to purchase 1,892 shares of common stock. The Company withheld 1,588 shares of common stock underlying the option for payment of the exercise price and tax withholdings using the stock price on March 11, 2022 of $63.00.
F3: 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.
F4: The stock options vested in approximately three equal annual installments beginning on March 15, 2016.