Samir Armaly - Jun 11, 2024 Form 4 Insider Report for InterDigital, Inc. (IDCC)

Role
Director
Signature
/s/ Ariel E. Greenstein, Attorney-in-Fact for Samir Armaly
Stock symbol
IDCC
Transactions as of
Jun 11, 2024
Transactions value $
-$205,314
Form type
4
Date filed
6/12/2024, 04:10 PM
Previous filing
Jun 10, 2024
Next filing
Jul 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IDCC Common Stock Sale -$205K -1.78K -31.42% $115.28 3.89K Jun 11, 2024 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 Represents the number of shares sold by the reporting person pursuant to a 10b5-1 plan to cover such individual's estimated tax obligations in connection with the vesting of restricted stock units.