SEC Form 4 · accession 0001209191-15-027111
InterDigital, Inc. · IDCC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William J Merritt
Officer — President and CEO · Director
Period of report
Mar 15, 2015
Accepted (ET)
Mar 17, 2015 · 4:58 pm EDT
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 | Mar 15, 2015 | A | 7,451 | $0.00 | A | 144,491 | D | |
| Common StockF2 | holding | — | — | — | 3,135 | I | By 401(k) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right-to-Buy)F3 | $52.85 | Mar 15, 2015 | A | 24,291 | A | — | Mar 15, 2022 | Common Stock | 24,291 | 24,291 | D |
Explanation of responses
- F1Restricted stock units granted pursuant to the company's 2009 Stock Incentive Plan in accordance with the company's long-term compensation program.
- F2As 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.
- F3The option vests as follows: 8,097 on 3/15/16; 8,097 on 3/15/17; and 8,097 on 3/15/18.