SEC Form 4 · accession 0001209191-16-127039
InterDigital, Inc. · IDCC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jannie K Lau
Officer — EVP, General Counsel & Sec.
Period of report
Jun 8, 2016
Accepted (ET)
Jun 10, 2016 · 4:02 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 | Jun 8, 2016 | M | 2,944 | $44.19 | A | 19,169 | D | |
| Common Stock | Jun 8, 2016 | S | 2,944 | $59.50 | D | 16,225 | D | |
| Common Stock | Jun 8, 2016 | M | 3,188 | $30.69 | A | 19,413 | D | |
| Common Stock | Jun 8, 2016 | S | 3,188 | $59.50 | D | 16,225 | D |
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)F2 | $44.19 | Jun 8, 2016 | M | 2,944 | D | — | Jan 18, 2020 | Common Stock | 2,944 | 1,473 | D |
| Employee Stock Option (Right to Buy)F3 | $30.69 | Jun 8, 2016 | M | 3,188 | D | — | Mar 15, 2021 | Common Stock | 3,188 | 6,376 | D |
Explanation of responses
- F1The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- F2The option, representing a right to purchase a total of 4,417 shares, vested as follows: 1,472 on 1/18/14; 1,472 on 1/18/15; and 1,473 on 1/18/16.
- F3The option, representing a right to purchase a total of 9,564 shares, vests as follows: 3,188 on 3/15/15; 3,188 on 3/15/16; and 3,188 on 3/15/17.