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InterDigital, Inc. — Director's Dealing 2023
Dec 19, 2023
30668_dirs_2023-12-19_870b1128-011d-496a-82d3-ba9fa10163c5.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: InterDigital, Inc. (IDCC)
CIK: 0001405495
Period of Report: 2023-12-15
Reporting Person: Schmidt Joshua D. (CLO & Corp Sec)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-12-15 | Common Stock | A | 37.1307 | $0.00 | Acquired | 18483.2744 | Direct |
| 2023-12-15 | Common Stock | A | 264.2746 | $0.00 | Acquired | 18747.549 | Direct |
| 2023-12-15 | Common Stock | D | 0.4053 | $109.30 | Disposed | 18747.1437 | Direct |
| 2023-12-15 | Common Stock | F | 144 | $109.30 | Disposed | 18603.1437 | 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 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, 10% of the reporting person's target Milestone restricted stock unit award, or 35 restricted stock units, vested on December 15, 2023, together with 2.1307 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 November 15, 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, 10% of the reporting person's target Milestone restricted stock unit award, or 253 restricted stock units, vested on December 15, 2023, together with 11.2746 additional shares representing accrued dividend equivalent units.
F3: 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.
F4: 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.