Rajesh Pankaj - Aug 15, 2024 Form 4 Insider Report for InterDigital, Inc. (IDCC)

Signature
/s/ Ariel E. Greenstein, Attorney-in-Fact for Rajesh Pankaj
Stock symbol
IDCC
Transactions as of
Aug 15, 2024
Transactions value $
-$1,157,000
Form type
4
Date filed
8/19/2024, 08:28 AM
Previous filing
Jul 26, 2024
Next filing
Sep 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IDCC Common Stock Tax liability -$1.16M -8.46K -13.05% $136.76 56.4K Aug 15, 2024 Direct F1
transaction IDCC Common Stock Disposed to Issuer -$147 -1.07 0% $136.76 56.4K Aug 15, 2024 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 15, 2022 pursuant to the company's 2017 Equity Incentive Plan in accordance with the company's long-term compensation program and vested on August 15, 2024 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.