4//SEC Filing
MERRITT WILLIAM J 4
Accession 0001209191-21-021183
CIK 0001405495other
Filed
Mar 15, 8:00 PM ET
Accepted
Mar 16, 8:11 PM ET
Size
17.4 KB
Accession
0001209191-21-021183
Insider Transaction Report
Form 4
MERRITT WILLIAM J
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Common Stock
2021-03-12$30.69/sh+3,260$100,049→ 202,319.547 total - Tax Payment
Common Stock
2021-03-15−9,730→ 200,595.547 total - Tax Payment
Common Stock
2021-03-12$66.36/sh−24,342$1,615,335→ 210,325.547 total - Tax Payment
Common Stock
2021-03-12$66.42/sh−2,050$136,161→ 200,269.547 total - Exercise/Conversion
Common Stock
2021-03-12$30.69/sh+34,398$1,055,675→ 234,667.547 total - Exercise/Conversion
Employee Stock Option (Right-to-Buy)
2021-03-12−37,658→ 0 totalExercise: $30.69Exp: 2021-03-15→ Common Stock (37,658 underlying) - Disposition to Issuer
Common Stock
2021-03-15−0.092→ 200,595.455 total
Holdings
- 3,422(indirect: By 401(k))
Common Stock
Footnotes (6)
- [F1]Represents a "net exercise" of outstanding stock options. The reporting person received 1,210 shares of common stock on net exercise of an option to purchase 3,260 shares of common stock. The Company withheld 2,050 shares of common stock underlying the option for payment of the exercise price and tax withholdings using the stock price on March 13, 2021 of $66.42.
- [F2]Represents a "net exercise" of outstanding stock options. The reporting person received 10,056 shares of common stock on net exercise of an option to purchase 34,398 shares of common stock. The Company withheld 24,342 shares of common stock underlying the option for payment of the exercise price and tax withholdings using the stock price on March 13, 2021 of $66.36.
- [F3]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 July 16, 2018 pursuant to the company's 2017 Equity Incentive Plan in accordance with the company's Long-Term Compensation Program and vested on March 15, 2021, together with accrued dividend equivalents.
- [F4]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.
- [F5]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.
- [F6]The stock option vested in three equal annual installments beginning on March 15, 2015.
Documents
Issuer
InterDigital, Inc.
CIK 0001405495
Entity typeother
Related Parties
1- filerCIK 0001193182
Filing Metadata
- Form type
- 4
- Filed
- Mar 15, 8:00 PM ET
- Accepted
- Mar 16, 8:11 PM ET
- Size
- 17.4 KB