InterDigital Inc (IDCC)

[rmarchma]

Bulldzr re employee stock options and stock splits you asked:

....."So the unexercised options would not be eligible for the stock split? In other words, and employee or board member holding options would see the value basically cut in half? Would the exercise price of the option be cut in half?"

No unexercised stock options are not part of the outstanding shares. Therefore, these unexercised options would not be eligiable for additional shares in the stock split. However, the stock options would normally be adjusted to reflect the split. For example, assume an employee had unexercised stock options to purchase 1,000 shares at a $20 strike price before the split. After a 2 for 1 stock split, the employee's unexercised stock options would be adjusted to 2,000 shares at a $10 per share strike price.