Lawrence Liren Chen - Apr 15, 2023 Form 4 Insider Report for InterDigital, Inc. (IDCC)

Signature
/s/ Ariel E. Greenstein, Attorney-in-Fact for Lawrence Liren Chen
Stock symbol
IDCC
Transactions as of
Apr 15, 2023
Transactions value $
-$199,576
Form type
4
Date filed
4/18/2023, 04:06 PM
Previous filing
Apr 7, 2023
Next filing
Apr 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IDCC Common Stock Tax liability -$200K -2.7K -2.29% $73.90 115K Apr 15, 2023 Direct F1
transaction IDCC Common Stock Disposed to Issuer -$46 -0.624 0% $73.90 115K Apr 15, 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 April 15, 2021 pursuant to the company's 2017 Equity Incentive Plan in accordance with the company's long-term compensation program and vested on April 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.