Richard Brezski - Mar 14, 2025 Form 4 Insider Report for InterDigital, Inc. (IDCC)

Signature
/s/ Amy A. Miraglia, Attorney-in-Fact for Richard J. Brezski
Stock symbol
IDCC
Transactions as of
Mar 14, 2025
Transactions value $
-$5,140,567
Form type
4
Date filed
3/18/2025, 04:17 PM
Previous filing
Feb 20, 2025
Next filing
Apr 2, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IDCC Common Stock Sale -$105K -500 -0.53% $209.64 93.4K Mar 14, 2025 Direct F1, F2
transaction IDCC Common Stock Sale -$244K -1.16K -1.24% $210.44 92.2K Mar 14, 2025 Direct F1, F3
transaction IDCC Common Stock Sale -$144K -680 -0.74% $211.37 91.5K Mar 14, 2025 Direct F1, F4
transaction IDCC Common Stock Sale -$1.22M -5.72K -6.25% $212.58 85.8K Mar 14, 2025 Direct F1, F5
transaction IDCC Common Stock Sale -$149K -695 -0.81% $213.70 85.1K Mar 14, 2025 Direct F1, F6
transaction IDCC Common Stock Sale -$665K -3.1K -3.64% $214.75 82K Mar 14, 2025 Direct F1, F7
transaction IDCC Common Stock Sale -$303K -1.4K -1.71% $215.82 80.6K Mar 14, 2025 Direct F1, F8
transaction IDCC Common Stock Gift $0 -1K -1.24% $0.00 79.6K Mar 14, 2025 Direct F9
transaction IDCC Common Stock Award $0 +14.9K +18.77% $0.00 94.6K Mar 15, 2025 Direct F10
transaction IDCC Common Stock Tax liability -$1.37M -6.6K -6.98% $208.23 88K Mar 15, 2025 Direct F11
transaction IDCC Common Stock Disposed to Issuer -$358 -1.72 0% $208.23 88K Mar 15, 2025 Direct F12
transaction IDCC Common Stock Tax liability -$942K -4.53K -5.14% $208.23 83.5K Mar 15, 2025 Direct F13
transaction IDCC Common Stock Disposed to Issuer -$318 -1.53 0% $208.23 83.5K Mar 15, 2025 Direct F14
holding IDCC Common Stock 1.96K Mar 14, 2025 By 401k Plan F15
* 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 $209.07 to $210.01 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 ranges set forth in this footnote and in the other footnotes in this Form 4 indicating a weighted average price.
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 $210.12 to $211.11 per share. The price reported represents the weighted average price.
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 $211.21 to $212.02 per share. The price reported represents the weighted average price.
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 $212.29 to $213.27 per share. The price reported represents the weighted average price.
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 $213.30 to $214.24 per share. The price reported represents the weighted average price.
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 $214.42 to $215.34 per share. The price reported represents the weighted average price.
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 $215.44 to $216.07 per share. The price reported represents the weighted average price.
F9 Represents a charitable donation to a donor advised fund.
F10 The transaction reported represents the vesting of awards of performance-based restricted stock units 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. Based on the achievement level of the 2022 cycle performance goal, 200% of the reporting person's target performance-based restricted stock unit awards, or 14,150 restricted stock units, vested on March 15, 2025 together with 799.7182 additional shares representing accrued dividend equivalent units.
F11 The transaction reported reflects the withholding of restricted stock units in satisfaction of the reporting person's tax liability in connection with the vesting of awards of performance-based restricted stock units described above.
F12 The transaction reported reflects the cash settlement of fractional shares in connection with the vesting of awards of performance-based restricted stock units described above.
F13 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, March 31, 2023 and March 15, 2024 pursuant to the company's 2017 Equity Incentive Plan in accordance with the company's long-term compensation program and vested on March 15, 2025, together with accrued dividend equivalents.
F14 The transaction reported reflects the cash settlement of fractional shares in connection with the vesting of restricted stock units, as described in the previous footnote.
F15 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.