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InterDigital, Inc. — Director's Dealing 2025
Mar 18, 2025
30668_dirs_2025-03-18_eb4934f9-260e-4d73-b1a7-f80de6de014f.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: 2025-03-15
Reporting Person: Chen Lawrence Liren (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-03-15 | Common Stock | A | 37375.3526 | — | Acquired | 196156.076 | Direct |
| 2025-03-15 | Common Stock | F | 16498 | $208.23 | Disposed | 179658.076 | Direct |
| 2025-03-15 | Common Stock | D | 1.3526 | $208.23 | Disposed | 179656.7234 | Direct |
| 2025-03-15 | Common Stock | F | 10022 | $208.23 | Disposed | 169634.7234 | Direct |
| 2025-03-15 | Common Stock | D | 1.2153 | $208.23 | Disposed | 169633.5081 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-03-15 | Employee Stock Option (Right-to-Buy) | $62.19 | A | 108482 | Acquired | 2032-03-15 | Common Stock (108482) | Direct |
Footnotes
F1: The transaction reported represents the vesting of awards of performance-based restricted stock units granted to the reporting person on March 15, 2022 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 2022 cycle performance goal, 200% of the reporting person's target
performance-based restricted stock unit awards, or 35,376 restricted stock units, vested on March 15, 2025 together with 1,999.3526 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 vesting of awards of performance-based restricted
stock units described above.
F3: The transaction reported reflects the cash settlement of fractional shares in connection with the vesting of awards of performance-based restricted stock units described above.
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
15, 2022, March 31, 2023 and March 15, 2024 pursuant to the company's 2017 Equity Incentive Plan in accordance with the company's long-term compensation program and vested on March 15, 2025,
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 the previous footnote.
F6: The transaction reported represents the vesting of an award of performance-based stock options granted to the reporting person on March 15, 2022 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 2022 cycle performance goal, 200% of the reporting person's target
performance-based stock options vested on March 15, 2025.