Filing Details

Accession Number:
0001628280-24-011923
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-03-19 16:35:49
Reporting Period:
2024-03-15
Accepted Time:
2024-03-19 16:35:49
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1405495 Interdigital Inc. IDCC Patent Owners & Lessors (6794) 824936666
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1885857 K. Eeva Hakoranta 200 Bellevue Parkway
Suite 300
Wilmington DE 19809
Chief Licensing Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2024-03-15 7,250 $0.00 32,595 No 4 A Direct
Common Stock Disposition 2024-03-15 3,189 $102.59 29,406 No 4 F Direct
Common Stock Disposition 2024-03-15 1 $102.59 29,405 No 4 D Direct
Common Stock Disposition 2024-03-15 2,952 $102.59 26,453 No 4 F Direct
Common Stock Disposition 2024-03-15 0 $102.59 26,453 No 4 D Direct
Common Stock Acquisiton 2024-03-15 10,235 $0.00 36,688 No 4 A Direct
Common Stock Disposition 2024-03-19 3,910 $103.17 32,778 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 F Direct
No 4 D Direct
No 4 F Direct
No 4 D Direct
No 4 A Direct
No 4 S Direct
Footnotes
  1. The transaction reported represents the vesting of awards of performance-based restricted stock units granted to the reporting person on March 31, 2021 pursuant to the company's 2017 Equity Incentive Plan in accordance with the company's long-term compensation program. Based on the achievement level of the 2021 cycle performance goal, 120% of the reporting person's target performance-based restricted stock unit awards, or 6,808 restricted stock units, vested on March 15, 2024, together with 441.8632 additional shares representing accrued dividend equivalent units.
  2. 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.
  3. The transaction reported reflects the cash settlement of fractional shares in connection with the vesting of restricted stock units, as described in Note 1.
  4. 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 March 31, 2021 and March 15, 2022 pursuant to the company's 2017 Equity Incentive Plan in accordance with the company's long-term compensation program and vested on March 15, 2024, together with accrued dividend equivalents.
  5. The transaction reported reflects the cash settlement of fractional shares in connection with the vesting of restricted stock units, as described in Note 4.
  6. Restricted stock units granted pursuant to the company's 2017 Equity Incentive Plan in accordance with the company's long-term compensation program.
  7. Sales made pursuant to a Rule 10b5-1 trading plan adopted on June 20, 2023.