4//SEC Filing
MERRITT WILLIAM J 4
Accession 0001209191-20-037481
CIK 0001405495other
Filed
Jun 16, 8:00 PM ET
Accepted
Jun 17, 9:27 PM ET
Size
10.6 KB
Accession
0001209191-20-037481
Insider Transaction Report
Form 4
MERRITT WILLIAM J
DirectorPresident and CEO
Transactions
- Award
Common Stock
2020-06-15+4,858→ 199,320.215 total - Disposition to Issuer
Common Stock
2020-06-15$55.38/sh−1,723$95,420→ 197,597.215 total - Award
Employee Stock Options (right to buy)
2020-06-15$44.63/sh+18,718$835,384→ 18,718 totalExercise: $44.63From: 2020-06-15Exp: 2030-03-31→ Common Stock (18,718 underlying)
Holdings
- 3,388(indirect: By 401(k))
Common Stock
Footnotes (4)
- [F1]The transaction reported represents the partial vesting of an award of performance-based restricted stock units granted to the reporting person on March 31, 2020 pursuant to the company's 2017 Stock Incentive Plan in accordance with the 2020 Long-Term Compensation Program. Based on the achievement of a Milestone goal, 20% of the reporting person's target performance-based restricted stock unit award, or 4,858 restricted stock units, vested on June 15, 2020.
- [F2]The transaction reported reflects the withholding of retricted stock units in satisfaction of the reporting person's tax liability in connection with the transaction described in Note 1.
- [F3]As of the most recently published account statement, the reporting person beneficially owned this number of whole shares of common stock pursuant to the InterDigital Savings and Protection Plan.
- [F4]The transaction reported represents the vesting of a partial award of performance-based stock options granted to the reporting person on March 31, 2020 pursuant to the company's 2017 Stock Incentive Plan in accordance with the 2020 Long-Term Compensation Program. Based on the achievement of the first Milestone goal, 20% of the reporting person's target performance-based options, or 18,718 options, vested on June 15, 2020.
Documents
Issuer
InterDigital, Inc.
CIK 0001405495
Entity typeother
Related Parties
1- filerCIK 0001193182
Filing Metadata
- Form type
- 4
- Filed
- Jun 16, 8:00 PM ET
- Accepted
- Jun 17, 9:27 PM ET
- Size
- 10.6 KB