SEC Form 4 · accession 0001209191-15-001458
InterDigital, Inc. · IDCC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James J Nolan
Officer — EVP, InterDigital Solutions
Period of report
Jan 1, 2015
Accepted (ET)
Jan 5, 2015 · 6:37 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001405495
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 1, 2015 | F | 711 | $52.90 | D | 43,165 | D | |
| Common Stock | Jan 1, 2015 | D | 1 | $52.90 | D | 43,165 | D | |
| Common Stock | Jan 1, 2015 | A | 5,210 | $0.00 | A | 48,374 | D | |
| Common Stock | Jan 1, 2015 | F | 1,940 | $52.90 | D | 46,434 | D | |
| Common Stock | Jan 1, 2015 | D | 1 | $52.90 | D | 46,434 | D | |
| Common StockF6 | holding | — | — | — | 3,104 | I | By 401(k) Plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The 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 January 1, 2012 pursuant to the company's 2009 Stock Incentive Plan in accordance with the company's Long-Term Compensation Program and vested on January 1, 2015 together with accrued dividend equivalents.
- F2The transaction reported reflects the cash settlement of a fractional share in connection with the vesting of restricted stock units, as described in Note (1).
- F3The transaction reported represents the vesting of an award of performance-based restricted stock units granted to the reporting person on January 18, 2013 pursuant to the company's 2009 Stock Incentive Plan in accordance with the 2012-2014 cycle under the company's Long-Term Compensation Program. Based on the achievement level of the 2012-2014 cycle performance goal, 110% of the reporting person's target performance-based restricted stock unit award, or 5,090 restricted stock units, vested on January 1, 2015, together with 119.7205 additional shares representing accrued dividend equivalents.
- F4The 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 (3).
- F5The transaction reported reflects the cash settlement of a fractional share in connection with the vesting of restricted stock units, as described in Note (3).
- F6As 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.