| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | IDCC | Common Stock | Sale | -$248K | -1.27K | -0.75% | $194.52 | 169K | Dec 18, 2024 | Direct | F1, F2 |
| transaction | IDCC | Common Stock | Sale | -$807K | -4.13K | -2.44% | $195.52 | 165K | Dec 18, 2024 | Direct | F1, F3 |
| transaction | IDCC | Common Stock | Sale | -$96.4K | -492 | -0.3% | $196.01 | 165K | Dec 18, 2024 | Direct | F1, F4 |
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).
| Id | Content |
|---|---|
| F1 | The sales reported on this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted on June 21, 2024. |
| F2 | The number of securities reported represents an aggregate number of shares sold in multiple open market transactions over a range of sales prices ranging from $193.92 to $194.78 per share. The price reported represents the weighted average price. The Reporting Person undertakes to provide to the staff of the SEC, the Issuer, or a stockholder of the Issuer, upon request, the number of shares sold by the Reporting Person at each separate price within the range. |
| F3 | The number of securities reported represents an aggregate number of shares sold in multiple open market transactions over a range of sales prices ranging from $194.99 to $195.95 per share. The price reported represents the weighted average price. The Reporting Person undertakes to provide to the staff of the SEC, the Issuer, or a stockholder of the Issuer, upon request, the number of shares sold by the Reporting Person at each separate price within the range. |
| F4 | The number of securities reported represents an aggregate number of shares sold in multiple open market transactions over a range of sales prices ranging from $196.00 to $196.04 per share. The price reported represents the weighted average price. The Reporting Person undertakes to provide to the staff of the SEC, the Issuer, or a stockholder of the Issuer, upon request, the number of shares sold by the Reporting Person at each separate price within the range. |