InterDigital, Inc. — Director's Dealing 2024

Mar 19, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: InterDigital, Inc. (IDCC)
CIK: 0001405495
Period of Report: 2024-03-15

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-03-15	Common Stock	A	3620.0673	—	Acquired	21936.623	Direct
2024-03-15	Common Stock	F	1192	$102.59	Disposed	20744.623	Direct
2024-03-15	Common Stock	D	1.0673	$102.59	Disposed	20743.5557	Direct
2024-03-15	Common Stock	F	1952	$102.59	Disposed	18791.5557	Direct
2024-03-15	Common Stock	D	1.7383	$102.59	Disposed	18789.8174	Direct
2024-03-15	Common Stock	A	7311	—	Acquired	26100.8174	Direct
2024-03-18	Common Stock	S	1411	$103.95	Disposed	24689.8174	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, 2021 and 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 level of the 2021 cycle performance goal, 120% of the reporting person's target performance-based restricted stock unit awards, or 3,446 restricted stock units, vested on March 15, 2024, together with 174.0673 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, 2021, March 15, 2022 and March 31, 2023 pursuant to the company's 2017 Equity Incentive Plan in accordance with the company's long-term compensation program and vested on March 15, 2024, 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.

F6: Restricted stock units granted pursuant to the company's 2017 Equity Incentive Plan in accordance with the company's long-term compensation program.

F7: Sales made pursuant to a Rule 10b5-1 trading plan adopted on May 24, 2023.