Replies to post #165251 on InterDigital Inc (IDCC)

[revlis]

olddog,

Perhaps you can help me understand this.

If performance meets or exceeds 150% of the target goal, the payout will be
three times the number of RSUs exchanged. The remaining 50% of the time-based
vesting RSUs which were previously granted to the persons identified above under
the Company's Long Term Compensation Program remain unchanged.

3 times the number of RSUs exchanged. What was exchanged? stock or cash or both?

So only 50% will be increased from 225% to 300%. Is my interpretation correct?

mo