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Filing Details

Accession Number:: 0001209191-23-019593
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2023-03-17 16:04:01
Reporting Period:: 2023-03-15

Accepted Time:: 2023-03-17 16:04:01
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1405495	Interdigital Inc.	IDCC	Patent Owners & Lessors (6794)	824936666

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1677458	Eric Cohen	200 Bellevue Parkway Suite 300 Wilmington DE 19809	Chief Strategy& Growth Officer	No	Yes	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2023-03-15	22,822	$0.00	67,120	No	4	A	Direct
Common Stock	Disposition	2023-03-15	11,315	$73.43	55,805	No	4	F	Direct
Common Stock	Disposition	2023-03-15	0	$73.43	55,805	No	4	D	Direct
Common Stock	Disposition	2023-03-15	6,053	$73.43	49,752	No	4	F	Direct
Common Stock	Disposition	2023-03-15	1	$73.43	49,750	No	4	D	Direct
Common Stock	Disposition	2023-03-15	3,417	$72.42	46,333	No	4	S	Direct
Common Stock	Disposition	2023-03-15	4,180	$73.22	42,153	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	A	Direct
No	4	F	Direct
No	4	D	Direct
No	4	F	Direct
No	4	D	Direct
No	4	S	Direct
No	4	S	Direct

Footnotes

The transaction reported represents the vesting of awards of performance-based restricted stock units granted to the reporting person on March 31, 2020 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 2020 cycle performance goal, 116% of the reporting person's target performance-based restricted stock unit awards, or 21,444 restricted stock units, vested on March 15, 2023, together with 1,378.2084 additional shares representing accrued dividend equivalent units.
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.
The transaction reported reflects the cash settlement of fractional shares in connection with the vesting of restricted stock units, as described in Note 1.
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, 2020, March 31, 2021 and March 15, 2022 pursuant to the company's 2017 Equity Incentive Plan in accordance with the company's long-term compensation program and vested on March 15, 2023, together with accrued dividend equivalents.
The transaction reported reflects the cash settlement of fractional shares in connection with the vesting of restricted stock units, as described in Note 4.
The number of securities reported represents an aggregate number of shares sold in multiple open market transactions over a range of sales prices ranging from $71.798 to $72.76 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. The transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
The number of securities reported represents an aggregate number of shares sold in multiple open market transactions over a range of sales prices ranging from $72.80 to $73.77 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. The transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.