Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | IDCC | Common Stock | Sale | -$300K | -3.12K | -10.31% | $95.94 | 27.2K | Jul 3, 2023 | Direct | F1, F2 |
transaction | IDCC | Common Stock | Sale | -$117K | -1.21K | -4.44% | $96.62 | 26K | Jul 3, 2023 | Direct | F1, F3 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
Id | Content |
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F1 | The sales reported on this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted on January 27, 2023. |
F2 | 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 $95.35 to $96.34 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 | 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 $96.35 to $96.78 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. |