SEC Form 4 · accession 0001209191-16-092559
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
Jan 18, 2016
Accepted (ET)
Jan 20, 2016 · 4:16 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 18, 2016 | F | 3,090 | $44.02 | D | 136,725 | D | |
| Common Stock | Jan 18, 2016 | D | 1 | $44.02 | D | 136,724 | D | |
| Common StockF3 | holding | — | — | — | 3,170 | 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 18, 2013 pursuant to the company's 2009 Stock Incentive Plan in accordance with the company's Long-Term Compensation Program and vested on January 18, 2016 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).
- F3As 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.