Lawrence Liren Chen - 05 Apr 2024 Form 4 Insider Report for InterDigital, Inc. (IDCC)

Role: President and CEO, Director
Signature: /s/ Ariel E. Greenstein, Attorney-in-Fact for Lawrence Liren Chen
Issuer symbol: IDCC
Transactions as of: 05 Apr 2024
Net transactions value: -$826,957
Form type: 4
Filing time: 09 Apr 2024, 08:44:47 UTC
Previous filing: 25 Mar 2024
Next filing: 17 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	$826,879	-8,625	-5.3%	$95.87	155,501	05 Apr 2024	Direct	F1
transaction	IDCC	Common Stock	Disposed to Issuer	$78.26	-1	-0%	$95.87	155,500	05 Apr 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 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 5, 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.

Content

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 5, 2024, together with accrued dividend equivalents.

The transaction reported reflects the cash settlement of fractional shares in connection with the vesting of restricted stock units, as described in Note 1.