Joshua D. Schmidt - 15 Nov 2022 Form 4 Insider Report for InterDigital, Inc. (IDCC)

Role: CLO & Corp Sec
Signature: /s/ Ariel E. Greenstein, Attorney-in-Fact for Joshua D. Schmidt
Issuer symbol: IDCC
Transactions as of: 15 Nov 2022
Net transactions value: -$22,727
Form type: 4
Filing time: 17 Nov 2022, 15:39:27 UTC
Previous filing: 28 Oct 2022
Next filing: 27 Jan 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	IDCC	Common Stock	Tax liability	$22,720	-450	-3.3%	$50.49	13,012	15 Nov 2022	Direct	F1
transaction	IDCC	Common Stock	Disposed to Issuer	$6.41	-0	-0%	$50.49	13,012	15 Nov 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 November 15, 2021 pursuant to the company's 2017 Equity Incentive Plan in accordance with the company's long-term compensation program and vested on November 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.

Content

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 November 15, 2021 pursuant to the company's 2017 Equity Incentive Plan in accordance with the company's long-term compensation program and vested on November 15, 2022, 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 1.