InterDigital Inc (IDCC)

[ams13sag]

RE NOKIA/SAMSUNG RESOLUTION.

With 5 million share options up for passing (virtually certain the proposal will be passed) at the ASM, it would be reasonable to conclude that the management will not be in any hurry to have the N/S rolalty rate set until the option give away is passed.

Then expect the news to hit within a month or two, followed by massive insider selling.

If I was a betting man, I would guess the vesting rate would be about $26, after the N/S resolution the share price should rise to $65, thus the insiders would be looking at an immediate gain of $39 per share or $195 million. Not bad for work that they have already been handsomly paid for.

AMS