Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | IDCC | Common Stock | Award | $0 | +8.29K | +12.19% | $0.00 | 76.3K | Oct 15, 2021 | Direct | F1 |
transaction | IDCC | Common Stock | Tax liability | -$260K | -3.81K | -4.99% | $68.44 | 72.5K | Oct 15, 2021 | Direct | F2 |
transaction | IDCC | Common Stock | Disposed to Issuer | -$65 | -0.949 | 0% | $68.44 | 72.5K | Oct 15, 2021 | Direct | F3 |
holding | IDCC | Common Stock | 1.9K | Oct 15, 2021 | By 401(k) Plan | F4 |
Id | Content |
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F1 | The transaction reported represents the partial vesting of an award of performance-based restricted stock units granted to the reporting person on March 31, 2020 pursuant to the company's 2017 Stock Incentive Plan in accordance with the 2020 Long-Term Compensation Program. Based on the achievement of two Milestone goals, 40% of the reporting person's target performance-based restricted stock unit award, or 8,288 restricted stock units, vested on October 15, 2021. |
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 | As of the most recently published account statement, the reporting person beneficially owned this number of whole shares of common stock pursuant to the InterDigital Savings and Protection Plan |