SEC Form 4 · accession 0001209191-17-039161
InterDigital, Inc. · IDCC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John D. Markley Jr.
Director
Period of report
Jun 8, 2017
Accepted (ET)
Jun 12, 2017 · 4:24 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, 2017 | D | 1 | $84.25 | D | 3,127 | D | |
| Common StockF3 | Jun 9, 2017 | S | 450 | $84.38 | D | 2,677 | 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 November 3, 2016 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 8, 2017, together with accrued dividend equivalent units.
- 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).
- F3The price reported is the weighted average sale price for the transaction reported. The sale prices ranged from $84.25 to $84.50. Full information about the transaction reported will be provided upon request.