Lawrence Liren Chen - 15 Mar 2023 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
Issuer symbol: IDCC
Transactions as of: 15 Mar 2023
Net transactions value: -$205,403
Form type: 4
Filing time: 17 Mar 2023, 16:02:22 UTC
Previous filing: 27 Jan 2023
Next filing: 04 Apr 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	$205,384	-2,797	-2.6%	$73.43	106,266	15 Mar 2023	Direct	F1
transaction	IDCC	Common Stock	Disposed to Issuer	$19.79	-0	-0%	$73.43	106,266	15 Mar 2023	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 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.
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 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 1.