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*
KIERNAN BRIAN G

(Last) (First) (Middle)
781 THIRD AVENUE

(Street)
KING OF PRUSSIA PA 19406-1409

(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)
Exec. Vice Pres., Standards
3. Date of Earliest Transaction (Month/Day/Year)
01/14/2008
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(1) 01/14/2008 A 751(2) A $0(3) 34,689 D
Common Stock 01/15/2008 F(4) 234 D $21.89 34,455 D
Common Stock 2,086(5) I By 401(k) 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
Explanation of Responses:
1. InterDigital, Inc. is the successor company to InterDigital Communications Corporation.
2. This represents an award of performance-based restricted stock units ("RSUs") under InterDigital's Long-Term Compensation Program ("LTCP"). On August 14, 2006, the Reporting Person surrendered 3,753 time-based RSUs under the LTCP in exchange for performance-based RSUs to vest, if at all, on January 15, 2008. The performance criteria were met with respect to 20% of the performance-based RSUs, resulting in the issuance of 751 shares to the Reporting Person and the forfeiture of the balance of this performance-based RSU award.
3. Granted pursuant to the InterDigital 1999 Restricted Stock Plan in accordance with InterDigital's LTCP.
4. Reflects the withholding of vested performance-based RSUs, in satisfaction of the Reporting Person's tax liability.
5. As of the most recently published account statement dated December 31, 2007, the Reporting Person beneficially owned 2,086 shares of Common Stock pursuant to the InterDigital Savings and Protection Plan.
Remarks:
/s/ Rebecca Bridgeford Opher, Attorney-In-Fact for Brian G. Kiernan 01/16/2008
** 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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