Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

InterDigital, Inc. Regulatory Filings 2012

Dec 5, 2012

30668_rns_2012-12-05_d0c136b2-4388-44ae-977b-208f820f93ab.zip

Regulatory Filings

Open in viewer

Opens in your device viewer

Comment1

CoverPageHeader end CoverPageTitle START

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): December 5, 2012

CoverPageTitle END CoverPageRegistrant START

InterDigital, Inc. ______ (Exact name of registrant as specified in its charter)

Pennsylvania 1-33579 23-1882087
___ (State or other jurisdiction _______ (Commission __ (I.R.S. Employer
of incorporation) File Number) Identification No.)
781 Third Avenue, King of Prussia, Pennsylvania 19406-1409
_________ (Address of principal executive offices) _____ (Zip Code)

Registrant’s telephone number, including area code: 610-878-7800

Not Applicable __________ Former name or former address, if changed since last report

CoverPageRegistrant END

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

PageBreak START

Top of the Form

PageBreak END Item START

Item 8.01 Other Events.

On December 5, 2012, InterDigital, Inc. ("InterDigital") issued a news release (the "News Release") announcing that the company’s Board of Directors declared a special cash dividend of $1.50 per share on its common stock on December 2, 2012. The dividend is payable on December 28, 2012 to stockholders of record as of the close of business on December 17, 2012. The company also announced that the Board approved its regular quarterly dividend of $0.10 per share, which will be paid on December 28, 2012. In prior years, this quarterly dividend was paid on or around January 25. The total cost to the company of the special dividend is $61,425,424.50, and the total cost to the company of the regular dividend is $4,095,028.30. In connection with the payment of the special dividend, the conversion rate for the company’s 2.50% Senior Convertible Notes due 2016 will be adjusted. The conversion rate applicable to the notes currently is 17.3458 shares of common stock per $1,000 principal amount of the convertible notes. As a result of the special dividend, the conversion rate will be increased by multiplying the previous conversion rate by a fraction, the numerator of which will be the average closing price of the company’s common stock for the period between the December 2, 2012 declaration date and the ex-dividend date for the special dividend, which is expected to be December 13, 2012, and the denominator of which will be such average closing price minus the special dividend amount of $1.50. The conversion rate adjustment will become effective immediately after 9 a.m., New York City time, on the ex-dividend date for the special dividend. A copy of the News Release is attached to this Current Report on Form 8-K as Exhibit 99.1 and is incorporated herein by reference.

Item END Item START

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Item END

PageBreak START

Top of the Form

PageBreak END SignatureHeader START

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

SignatureHeader END Signature START

/s/ Jannie K. Lau
Name: Jannie K. Lau
Title: Executive Vice President, General Counsel and Secretary

Signature END PageBreak START

Top of the Form

PageBreak END

Exhibit Index

Exhibit No. Description
99.1 InterDigital, Inc. News Release dated December 5, 2012.

HTMLFooter START