InterDigital, Inc. 4
4 · InterDigital, Inc. · Filed Mar 17, 2017
Insider Transaction Report
Form 4
McQuilkin Scott A
Chief Financial Officer
Transactions
- Award
Common Stock
2017-03-15+34,099.244→ 92,728.816 total - Disposition to Issuer
Common Stock
2017-03-15$85.45/sh−0.244$21→ 77,519.572 total - Tax Payment
Common Stock
2017-03-15$85.45/sh−4,137$353,507→ 58,630.383 total - Disposition to Issuer
Common Stock
2017-03-15$85.45/sh−0.811$69→ 58,629.572 total - Tax Payment
Common Stock
2017-03-15$85.45/sh−15,209$1,299,609→ 77,519.816 total
Footnotes (5)
- [F1]The 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.
- [F2]The transaction reported reflects the cash settlement of a fractional share in connection with the vesting of restricted stock units, as described in Note 1.
- [F3]The 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 32,584 restricted stock units, vested on March 15, 2017, together with 1,515.2438 additional shares representing accrued dividend equivalent units.
- [F4]The 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 3.
- [F5]The transaction reported reflects the cash settlement of a fractional share in connection with the vesting of restricted stock units, as described in Note 3.