Schmidt Joshua D. 4
4 · InterDigital, Inc. · Filed Dec 17, 2024
Insider Transaction Report
Form 4
Schmidt Joshua D.
CLO & Corp Secretary
Transactions
- Disposition to Issuer
Common Stock
2024-12-15$195.86/sh−0.35$69→ 24,267.357 total - Award
Common Stock
2024-12-15+258.35→ 24,396.707 total - Tax Payment
Common Stock
2024-12-15$195.86/sh−129$25,266→ 24,267.707 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 one Milestone goal, 20% of the reporting person's target performance-based restricted stock unit award, or 236 restricted stock units, vested on December 15, 2024, together with 22.3503 additional shares representing accrued dividend equivalent units.
- [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.