SEC Form 4 · accession 0001209191-16-127731
InterDigital, Inc. · IDCC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John A Kritzmacher
Director
Period of report
Jun 10, 2016
Accepted (ET)
Jun 14, 2016 · 4:51 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 10, 2016 | D | 0 | $58.95 | D | 12,215 | D | |
| Common Stock | Jun 13, 2016 | S | 1,100 | $58.52 | D | 11,115 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The transaction reported reflects the cash settlement of a fractional share in connection with the vesting of restricted stock units. The restricted stock units were granted to the reporting person on June 10, 2015 pursuant to the company's 2009 Stock Incentive Plan in accordance with the company's compensation program for non-employee directors and vested, in full, on June 10, 2016, together with accrued dividend equivalents.
- F2The transaction reported was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person to satisfy tax obligations upon the vesting of restricted stock units, as described in Note (1).