Lawrence Liren Chen - Apr 15, 2022 Form 4 Insider Report for InterDigital, Inc. (IDCC)

Role
President and CEO, Director
Signature
/s/ Ariel E. Greenstein, Attorney-in-Fact for Lawrence Liren Chen
Stock symbol
IDCC
Transactions as of
Apr 15, 2022
Transactions value $
-$155,455
Form type
4
Date filed
4/19/2022, 06:37 PM
Previous filing
Apr 7, 2022
Next filing
Apr 29, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IDCC Common Stock Tax liability -$155K -2.55K -2.32% $60.91 107K Apr 15, 2022 Direct F1
transaction IDCC Common Stock Disposed to Issuer -$13 -0.213 0% $60.91 107K Apr 15, 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 April 15, 2021 pursuant to the company's long-term compensation program and vested on April 15, 2022, together with accrued dividend equivalents.
F2 The transaction reported reflects the cash settlement of fractional shares in connection with the vesting of restricted stock units, as described in Note 1.