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

Role
Chief Technology Officer
Signature
/s/ Ariel E. Greenstein, Attorney-in-Fact for Rajesh Pankaj
Issuer symbol
IDCC
Transactions as of
15 Mar 2024
Net transactions value
-$101,974
Form type
4
Filing time
19 Mar 2024, 16:40:18 UTC
Previous filing
06 Mar 2024
Next filing
05 Apr 2024
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 $101,872 -993 -1.8% $102.59 54,380 15 Mar 2024 Direct F1
transaction IDCC Common Stock Disposed to Issuer $102 -1 -0% $102.59 54,379 15 Mar 2024 Direct F2
transaction IDCC Common Stock Award $0 +11,210 +21% $0.000000 65,589 15 Mar 2024 Direct F3
* 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 31, 2023 pursuant to the company's 2017 Equity Incentive Plan in accordance with the company's long-term compensation program and vested on March 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.
F3 Restricted stock units granted pursuant to the company's 2017 Equity Incentive Plan in accordance with the company's long-term compensation program.