Gulino Richard L. 4
4 · InterDigital, Inc. · Filed Oct 19, 2021
Insider Transaction Report
Form 4
Gulino Richard L.
CLO, GC & Corp Sec
Transactions
- Disposition to Issuer
Common Stock
2021-10-15$68.44/sh−0.712$49→ 20,519.993 total - Tax Payment
Common Stock
2021-10-15$68.44/sh−1,922$131,542→ 20,520.704 total - Award
Common Stock
2021-10-15+6,216→ 22,442.704 total
Footnotes (3)
- [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 two Milestone goals, 40% of the reporting person's target performance-based restricted stock unit award, or 6,216 restricted stock units, vested on October 15, 2021.
- [F2]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 1.
- [F3]The transaction reported reflects the cash settlement of fractional shares in connection with the vesting of restricted stock units, as described in Note 1.