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Re: FISH21049 post# 432492

Tuesday, 04/02/2024 5:48:58 PM

Tuesday, April 02, 2024 5:48:58 PM

Post# of 432570
FISH, read the explanation on the Form 4 and you'll have your answer. Nothing nefarious, just SOP at Interdigital.

From the Form 4:

"Explanation of Responses:
(1) 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 31, 2023 pursuant to the company's 2017 Equity Incentive Plan in accordance with the company's long-term compensation program and vested on March 31, 2024, together with accrued dividend equivalents.
(2) The transaction reported reflects the cash settlement of fractional shares in connection with the vesting of restricted stock units, as described in Note 1."
Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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