RICHARD BREZSKI - 18 Feb 2025 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
18 Feb 2025
Net transactions value
-$3,933,342
Form type
4
Filing time
20 Feb 2025, 08:42:17 UTC
Previous filing
24 Jan 2025
Next filing
18 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IDCC Common Stock Sale $583,559 -2,725 -2.4% $214.15 109,432 18 Feb 2025 Direct F1, F2
transaction IDCC Common Stock Sale $716,865 -3,331 -3% $215.21 106,101 18 Feb 2025 Direct F1, F3
transaction IDCC Common Stock Sale $675,798 -3,130 -3% $215.91 102,971 18 Feb 2025 Direct F1, F4
transaction IDCC Common Stock Sale $90,226 -416 -0.4% $216.89 102,555 18 Feb 2025 Direct F1, F5
transaction IDCC Common Stock Sale $920,934 -4,291 -4.2% $214.62 98,264 19 Feb 2025 Direct F1, F6
transaction IDCC Common Stock Sale $818,786 -3,800 -3.9% $215.47 94,464 19 Feb 2025 Direct F1, F7
transaction IDCC Common Stock Sale $127,174 -587 -0.62% $216.65 93,877 19 Feb 2025 Direct F1, F8
holding IDCC Common Stock 1,957 18 Feb 2025 By 401k Plan F9
* 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 The sales reported on this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted on November 14, 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 $213.64 to $214.56 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 $214.66 to $215.65 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 $215.66 to $216.25 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.
F5 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 $216.76 to $216.89 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.
F6 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 $214.02 to $215.02 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.
F7 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 $215.06 to $216.06 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.
F8 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 $216.07 to $217.00 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.
F9 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.