Eeva K. Hakoranta - 17 Aug 2023 Form 4 Insider Report for InterDigital, Inc. (IDCC)

Signature
/s/ Ariel E. Greenstein, Attorney-in-Fact for Eeva K. Hakoranta
Issuer symbol
IDCC
Transactions as of
17 Aug 2023
Net transactions value
-$34,159
Form type
4
Filing time
21 Aug 2023, 07:21:40 UTC
Previous filing
28 Jul 2023
Next filing
21 Sep 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IDCC Common Stock Tax liability $34,090 -417 -1.4% $81.75 28,614 17 Aug 2023 Direct F1
transaction IDCC Common Stock Disposed to Issuer $69.68 -1 -0% $81.75 28,613 17 Aug 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 August 17, 2020 pursuant to the company's 2017 Equity Incentive Plan in accordance with the company's long-term compensation program and vested on August 17, 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.