| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | IDCC | Common Stock | Sale | -$1.24M | -11.3K | -10.29% | $109.28 | 98.5K | Feb 21, 2024 | Direct | F1, F2 |
| holding | IDCC | Common Stock | 1.97K | Feb 21, 2024 | By 401k Plan | F3 |
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 November 22, 2023. |
| 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 $108.81 to $109.78 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 | 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. |