4//SEC Filing
Chen Lawrence Liren 4
Accession 0001628280-25-013460
CIK 0001405495other
Filed
Mar 17, 8:00 PM ET
Accepted
Mar 18, 4:19 PM ET
Size
14.5 KB
Accession
0001628280-25-013460
Insider Transaction Report
Form 4
Chen Lawrence Liren
DirectorPresident and CEO
Transactions
- Tax Payment
Common Stock
2025-03-15$208.23/sh−16,498$3,435,379→ 179,658.076 total - Disposition to Issuer
Common Stock
2025-03-15$208.23/sh−1.215$253→ 169,633.508 total - Award
Employee Stock Option (Right-to-Buy)
2025-03-15+108,482→ 108,482 totalExercise: $62.19From: 2025-03-15Exp: 2032-03-15→ Common Stock (108,482 underlying) - Award
Common Stock
2025-03-15+37,375.353→ 196,156.076 total - Disposition to Issuer
Common Stock
2025-03-15$208.23/sh−1.353$282→ 179,656.723 total - Tax Payment
Common Stock
2025-03-15$208.23/sh−10,022$2,086,881→ 169,634.723 total
Footnotes (6)
- [F1]The transaction reported represents the vesting of awards of performance-based restricted stock units granted to the reporting person on March 15, 2022 pursuant to the company's 2017 Equity Incentive Plan in accordance with the company's long-term compensation program. Based on the achievement level of the 2022 cycle performance goal, 200% of the reporting person's target performance-based restricted stock unit awards, or 35,376 restricted stock units, vested on March 15, 2025 together with 1,999.3526 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 vesting of awards of performance-based restricted stock units described above.
- [F3]The transaction reported reflects the cash settlement of fractional shares in connection with the vesting of awards of performance-based restricted stock units described above.
- [F4]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 March 15, 2022, March 31, 2023 and March 15, 2024 pursuant to the company's 2017 Equity Incentive Plan in accordance with the company's long-term compensation program and vested on March 15, 2025, together with accrued dividend equivalents.
- [F5]The transaction reported reflects the cash settlement of fractional shares in connection with the vesting of restricted stock units, as described in the previous footnote.
- [F6]The transaction reported represents the vesting of an award of performance-based stock options granted to the reporting person on March 15, 2022 pursuant to the company's 2017 Equity Incentive Plan in accordance with the company's long-term compensation program. Based on the achievement level of the 2022 cycle performance goal, 200% of the reporting person's target performance-based stock options vested on March 15, 2025.
Documents
Issuer
InterDigital, Inc.
CIK 0001405495
Entity typeother
Related Parties
1- filerCIK 0001854214
Filing Metadata
- Form type
- 4
- Filed
- Mar 17, 8:00 PM ET
- Accepted
- Mar 18, 4:19 PM ET
- Size
- 14.5 KB