FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Schmidt Joshua D.
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)
CLO & Corp Sec
(Last)          (First)          (Middle)

200 BELLEVUE PARKWAY, SUITE 300
3. Date of Earliest Transaction (MM/DD/YYYY)

3/15/2022
(Street)

WILMINGTON, DE 19809
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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 3/15/2022  A(1)  725.815 A$0.00 7359.1049 D  
Common Stock 3/15/2022  A(2)  290.0824 A$0.00 7649.1873 D  
Common Stock 3/15/2022  A(3)  115.3123 A$0.00 7764.4996 D  
Common Stock 3/15/2022  F(4)  389 D$62.19 7375.4996 D  
Common Stock 3/15/2022  D(5)  2.2097 D$62.19 7373.2899 D  
Common Stock 3/15/2022  F(6)  394 D$62.19 6979.2899 D  
Common Stock 3/15/2022  D(7)  2.3287 D$62.19 6976.9612 D  
Common Stock 3/15/2022  A(8)  6272 A$0.00 13248.9612 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. 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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares

Explanation of Responses:
(1) The transaction reported represents the partial vesting of awards of performance-based restricted stock units granted to the reporting person on March 15, 2019 and January 15, 2020 pursuant to the company's 2017 Equity Incentive Plan in accordance with the company's long-term compensation program. Based on the achievement level of the 2019 cycle performance goal, 93% of the reporting person's target performance-based restricted stock unit awards, or 684 restricted stock units, vested on March 15, 2022, together with 41.815 additional shares representing accrued dividend equivalent units.
(2) The transaction reported represents the partial vesting of awards of performance-based restricted stock units granted to the reporting person on March 31, 2021 and November 15, 2021 pursuant to the company's 2017 Equity Incentive Plan in accordance with the company's long-term compensation program. Based on the achievement of one Milestone goal, 25% of the reporting person's target Milestone restricted stock unit awards, or 288 restricted stock units, vested on March 15, 2022, together with 2.0824 additional shares representing accrued dividend equivalent units.
(3) The transaction reported represents the vesting of an award of performance-based restricted stock units granted to the reporting person on March 16, 2020 pursuant to the company's 2017 Equity Incentive Plan. 100% of the reporting person's target restricted stock unit award, or 111 restricted stock units, vested on March 15, 2022, together with 4.3123 additional shares representing accrued dividend equivalent units.
(4) The transaction reported reflects the withholding of restricted stock units in satisfaction of the reporting person's tax liability in connection with the transactions described in Note 1, 2 and 3.
(5) The transaction reported reflects the cash settlement of fractional shares in connection with the vesting of restricted stock units, as described in Notes 1, 2 and 3.
(6) The transaction reported reflects the withholding of restricted stock units in satisfaction of the reporting person's tax liability. The restricted stock units were granted to the reporting person on March 15, 2019, January 15, 2020, March 31, 2020 and March 31, 2021 pursuant to the company's 2017 Equity Incentive Plan in accordance with the company's long-term compensation program and vested on March 15, 2022, together with accrued dividend equivalents.
(7) The transaction reported reflects the cash settlement of fractional shares in connection with the vesting of restricted stock units, as described in Note 6.
(8) Restricted stock units granted pursuant to the company's 2017 Equity Incentive Plan in accordance with the company's long-term compensation program.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Schmidt Joshua D.
200 BELLEVUE PARKWAY
SUITE 300
WILMINGTON, DE 19809


CLO & Corp Sec

Signatures
/s/ Ariel E. Greenstein, Attorney-in-Fact for Joshua D. Schmidt3/17/2022
**Signature of Reporting PersonDate


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).
Note:File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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