Richard J. Brezski - 15 Dec 2024 Form 4 Insider Report for InterDigital, Inc. (IDCC)

Signature
/s/ Amy A. Miraglia, Attorney-in-Fact for Richard J. Brezski
Issuer symbol
IDCC
Transactions as of
15 Dec 2024
Net transactions value
-$393,650
Form type
4
Filing time
17 Dec 2024, 16:04:43 UTC
Previous filing
25 Oct 2024
Next filing
24 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IDCC Common Stock Award $0 +4,414 +4% $0.000000 114,111 15 Dec 2024 Direct F1
transaction IDCC Common Stock Tax liability $393,483 -2,009 -1.8% $195.86 112,102 15 Dec 2024 Direct F2
transaction IDCC Common Stock Disposed to Issuer $167 -1 -0% $195.86 112,102 15 Dec 2024 Direct F3
holding IDCC Common Stock 7,911 15 Dec 2024 By 401k Plan F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transaction reported represents the partial vesting of an award of performance-based restricted stock units granted to the reporting person on March 31, 2020 pursuant to the company's 2017 Stock Incentive Plan in accordance with the 2020 Long-Term Compensation Program. Based on the achievement of one Milestone goal, 20% of the reporting person's target performance-based restricted stock unit award, or 4,032 restricted stock units, vested on December 15, 2024, together with 381.8539 additional shares representing accrued dividend equivalent units.
F2 The transaction reported reflects the withholding of restricted stock units in satisfaction of the reporting person's tax liability in connection with the transaction described in Note 1.
F3 The transaction reported reflects the cash settlement of fractional shares in connection with the vesting of restricted stock units, as described in Note 1.
F4 As of the most recently published account statement, the reporting person beneficially owned this number of whole shares of common stock pursuant to the InterDigital Savings and Protection Plan.