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InterDigital, Inc. Director's Dealing 2023

Mar 3, 2023

30668_dirs_2023-03-02_7fa08945-3808-4325-bca5-e4a4de1a8472.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: 2023-02-28

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.