InterDigital Inc (IDCC)

[olddog967]

Corp-Buyer: In my previous post I said I do not know what the February 28, 2005 RSU grants were for. However, I do know that when grants are issued , the number issued is not directly related to the vesting period terms. In fact according to the plan, for for all non-executives/officers, under the three year program cycle vesting will occur 25% at the end of years one and two, and 50% at the end of year three. For all executive/officer level participants, the RSUs granted in connection with each Program cycle will vest 100% at the end of each cycle.


"RSU grants in January and 2/28/05" - per Ronnie, if the 2005 RSU grants vest over 3 years, then the 2/28/05 grants are actually 1/3 the total, is this right?