InterDigital, Inc. — Director's Dealing 2023

Mar 17, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: InterDigital, Inc. (IDCC)
CIK: 0001405495
Period of Report: 2023-03-15

Reporting Person: Schmidt Joshua D. (CLO & Corp Sec)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-03-15	Common Stock	A	1462.3069	$0.00	Acquired	14525.1575	Direct
2023-03-15	Common Stock	F	505	$73.43	Disposed	14020.1575	Direct
2023-03-15	Common Stock	D	0.3069	$73.43	Disposed	14019.8506	Direct
2023-03-15	Common Stock	F	949	$73.43	Disposed	13070.8506	Direct
2023-03-15	Common Stock	D	2.005	$73.43	Disposed	13068.8456	Direct

Footnotes

F1: The transaction reported represents the vesting of awards of performance-based restricted stock units granted to the reporting person on March 31, 2020 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 2020 cycle performance goal, 116% of the reporting person's target performance-based restricted stock unit awards, or 1,374 restricted stock units, vested on March 15, 2023, together with 88.3069 additional shares representing accrued dividend equivalent units.

F2: The transaction reported reflects the withholding of restricted stock units in satisfaction of the reporting person's tax liability in connection with the transaction described in Note 1.

F3: The transaction reported reflects the cash settlement of fractional shares in connection with the vesting of restricted stock units, as described in Note 1.

F4: 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 31, 2020, March 31, 2021 and March 15, 2022 pursuant to the company's 2017 Equity Incentive Plan in accordance with the company's long-term compensation program and vested on March 15, 2023, together with accrued dividend equivalents.

F5: The transaction reported reflects the cash settlement of fractional shares in connection with the vesting of restricted stock units, as described in Note 4.