Belk Jeffrey K 4
4 · InterDigital, Inc. · Filed Jun 18, 2018
Insider Transaction Report
Form 4
Belk Jeffrey K
Director
Transactions
- Sale
Common Stock
2018-06-15$85.10/sh−555$47,231→ 20,202 total - Disposition to Issuer
Common Stock
2018-06-14$85.30/sh−0.213$18→ 20,757 total
Footnotes (2)
- [F1]The 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 14, 2017 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 14, 2018, together with accrued dividend equivalent units.
- [F2]The 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)