AI assistant
InterDigital, Inc. — Director's Dealing 2023
Mar 3, 2023
30668_dirs_2023-03-02_7fa08945-3808-4325-bca5-e4a4de1a8472.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: 2023-02-28
Reporting Person: BREZSKI RICHARD (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-02-28 | Common Stock | M | 12518 | $54.93 | Acquired | 101881.7646 | Direct |
| 2023-02-28 | Common Stock | S | 10386 | $73.77 | Disposed | 91495.7646 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-02-28 | Employee Stock Options (Right-to-Buy) | $54.93 | M | 12518 | Disposed | 2023-03-30 | Common Stock (12518) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1955 | Indirect |
Footnotes
F1: This sale represents a sell-to-cover transaction, whereby a portion of the shares acquired through the exercise of employee stock options were sold in the open market, with the proceeds used to fund the aggregate exercise price of the options and associated tax withholdings.
F2: The number of securities reported represents an aggregate number of shares sold in multiple sell-to-cover transactions over a range of sales prices ranging from $72.59 to $74.35 per share. The price reported represents the weighted average price. The Reporting Person undertakes to provide to the staff of the SEC, the Issuer, or a stockholder of the Issuer, upon request, the number of shares sold by the Reporting Person at each separate price within the range.
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 three equal annual installments beginning on March 30, 2017.