Lawrence Liren Chen - Mar 15, 2023 Form 4 Insider Report for InterDigital, Inc. (IDCC)

Signature
/s/ Ariel E. Greenstein, Attorney-in-Fact for Lawrence Liren Chen
Stock symbol
IDCC
Transactions as of
Mar 15, 2023
Transactions value $
-$205,403
Form type
4
Date filed
3/17/2023, 04:02 PM
Previous filing
Jan 27, 2023
Next filing
Apr 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IDCC Common Stock Tax liability -$205K -2.8K -2.56% $73.43 106K Mar 15, 2023 Direct F1
transaction IDCC Common Stock Disposed to Issuer -$20 -0.27 0% $73.43 106K Mar 15, 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 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, 2023, together with accrued dividend equivalents.
F2 The transaction reported reflects the cash settlement of fractional shares in connection with the vesting of restricted stock units, as described in Note 1.