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

Role: President and CEO, Director
Signature: /s/ Ariel E. Greenstein, Attorney-in-Fact for Lawrence Liren Chen
Stock symbol: IDCC
Transactions as of: Apr 15, 2023
Transactions value $: -$199,576
Form type: 4
Date filed: 4/18/2023, 04:06 PM
Previous filing: Apr 7, 2023
Next filing: Apr 28, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	IDCC	Common Stock	Tax liability	-$200K	-2.7K	-2.29%	$73.90	115K	Apr 15, 2023	Direct	F1
transaction	IDCC	Common Stock	Disposed to Issuer	-$46	-0.624	0%	$73.90	115K	Apr 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 April 15, 2021 pursuant to the company's 2017 Equity Incentive Plan in accordance with the company's long-term compensation program and vested on April 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.

Content

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 April 15, 2021 pursuant to the company's 2017 Equity Incentive Plan in accordance with the company's long-term compensation program and vested on April 15, 2023, together with accrued dividend equivalents.

The transaction reported reflects the cash settlement of fractional shares in connection with the vesting of restricted stock units, as described in Note 1.