Brezski Richard Form 4 InterDigital / RICHARD BREZSKI ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

BREZSKI RICHARD

(Last) (First) (Middle)

200 BELLEVUE PARKWAY

SUITE 300

(Street)

WILMINGTON DE 19809

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
InterDigital, Inc. [ IDCC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/11/2022

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/11/2022	03/11/2022	F(1)		7,914	D	$63	64,764.1147	D
Common Stock	03/11/2022	03/11/2022	F(2)		1,588	D	$63	63,176.1147	D
Common Stock	03/11/2022	03/11/2022	M		8,904	A	$52.85	72,080.1147	D
Common Stock	03/11/2022	03/11/2022	M		1,892	A	$52.85	73,972.1147	D
Common Stock								1,912(3)	I	By 401K Plan

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option (Right-to-Buy)	$52.85	03/11/2022		M		10,796		(4)	03/15/2022	Common Stock	10,796	$0.00	0	D

Explanation of Responses:

1. Represents a "net exercise" of outstanding stock options. The reporting person received 990 shares of common stock on net exercise of an option to purchase 8,904 shares of common stock. The Company withheld 7,914 shares of common stock underlying the option for payment of the exercise price and tax withholdings using the stock price on March 11, 2022 of $63.00.

2. Represents a "net exercise" of outstanding stock options. The reporting person received 304 shares of common stock on net exercise of an option to purchase 1,892 shares of common stock. The Company withheld 1,588 shares of common stock underlying the option for payment of the exercise price and tax withholdings using the stock price on March 11, 2022 of $63.00.

3. As of the most recently published account statement, the reporting person beneficially owned this number of whole shares of common stock pursuant to the InterDigital Savings and Protection Plan.

4. The stock options vested in approximately three equal annual installments beginning on March 15, 2016.

Remarks:

	/s/ Amy A. Miraglia, Attorney-in-Fact for Richard J. Brezski	03/15/2022
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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