Joshua D. Schmidt - Nov 22, 2023 Form 4 Insider Report for InterDigital, Inc. (IDCC)

Role
CLO & Corp Sec
Signature
/s/ Ariel E. Greenstein, Attorney-in-Fact for Joshua D. Schmidt
Stock symbol
IDCC
Transactions as of
Nov 22, 2023
Transactions value $
-$68,200
Form type
4
Date filed
11/24/2023, 08:18 AM
Previous filing
Nov 17, 2023
Next filing
Dec 19, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IDCC Common Stock Sale -$68.2K -682 -3.57% $100.00 18.4K Nov 22, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted on May 24, 2023.