SEC Form 4 · accession 0001209191-17-021422
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
Mar 15, 2017
Accepted (ET)
Mar 17, 2017 · 4:50 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 9, 2017 | G | 400 | $0.00 | D | 12,530 | D | |
| Common Stock | Mar 15, 2017 | F | 1,655 | $85.45 | D | 10,875 | D | |
| Common Stock | Mar 15, 2017 | D | 1 | $85.45 | D | 10,874 | D | |
| Common Stock | Mar 15, 2017 | A | 13,640 | $0.00 | A | 24,514 | D | |
| Common Stock | Mar 15, 2017 | F | 5,323 | $85.45 | D | 19,191 | D | |
| Common Stock | Mar 15, 2017 | D | 0 | $85.45 | D | 19,191 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The transaction reported involved a gift by the reporting person of 400 shares of common stock to a charitable donor advised fund.
- F2The 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 March 15, 2014 pursuant to the company's 2009 Stock Incentive Plan in accordance with the company's Long-Term Compensation Program and vested on March 15, 2017, together with accrued dividend equivalents.
- F3The transaction reported reflects the cash settlement of a fractional share in connection with the vesting of restricted stock units, as described in Note 2.
- F4The transaction reported represents the vesting of an award of performance-based restricted stock units granted to the reporting person on March 15, 2014 pursuant to the company's 2009 Stock Incentive Plan in accordance with the 2014-2016 cycle under the company's Long-Term Compensation Program. Based on the achievement level of the 2014-2016 cycle performance goal, 200% of the reporting person's target performance-based restricted stock unit award, or 13,034 restricted stock units, vested on March 15, 2017, together with 606.1159 additional shares representing accrued dividend equivalent units.
- F5The 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 4.
- F6The transaction reported reflects the cash settlement of a fractional share in connection with the vesting of restricted stock units, as described in Note 4.