# EDGAR Filing Document

**Accession Number:** 0001405495
**File Stem:** 0001104659-23-005585
**Filing Date:** 2023-1
**Character Count:** 6899
**Document Hash:** e85c9af96fe0478586da9cbf4533480e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-23-005585.hdr.sgml**: 20230123

**ACCESSION NUMBER**: 0001104659-23-005585

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 12

**CONFORMED PERIOD OF REPORT**: 20230123

**ITEM INFORMATION**: Temporary Suspension of Trading Under Registrant's Employee Benefit Plans

**FILED AS OF DATE**: 20230123

**DATE AS OF CHANGE**: 20230123

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** InterDigital, Inc.
- **CENTRAL INDEX KEY:** 0001405495
- **STANDARD INDUSTRIAL CLASSIFICATION:** PATENT OWNERS & LESSORS [6794]
- **IRS NUMBER:** 824936666
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-33579
- **FILM NUMBER:** 23542518

**BUSINESS ADDRESS:**
- **STREET 1:** 200 BELLEVUE PARKWAY
- **STREET 2:** SUITE 300
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809-3727
- **BUSINESS PHONE:** 302-281-3600

**MAIL ADDRESS:**
- **STREET 1:** 200 BELLEVUE PARKWAY
- **STREET 2:** SUITE 300
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809-3727

?xml version="1.0" encoding="utf-8"?

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT**

**PURSUANT TO SECTION 13 OR 15(D)**

**OF THE SECURITIES EXCHANGE ACT OF 1934**

**Date of Report (Date of earliest event reported): January 23, 2023**

**INTERDIGITAL, INC.** 

**(Exact name of registrant as specified in its charter)**

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| | | |
|:---|:---|:---|
| **Pennsylvania** | **001-33579** | **82-4936666** |
| **(State or Other Jurisdiction <br> of Incorporation)** | **(Commission <br> File Number)** | **(IRS Employer <br> Identification No.)** |

---

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| | |
|:---|:---|
| **200 Bellevue Parkway, Suite 300** |  |
| **Wilmington, DE** | **19809-3727** |
| **(Address of Principal Executive Offices)** | **(Zip Code)** |

---

**302-281-3600**

**(Registrant's telephone number, including area code)**

**Not Applicable (Former Name or Former Address, if Changed Since Last Report)**

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2b)

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4c)

Securities registered pursuant to Section 12(b) of the Act:

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| | |
|:---|:---|
| **Title of each class** | **Name of each exchange<br> on which registered** |
| **Common stock, par value $0.01 per share** **IDCC** | **Nasdaq Stock Market LLC** |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

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| | |
|:---|:---|
| **Item 5.04.** | **Temporary Suspension of Trading Under Registrant's Employee Benefit Plans.** |

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On January 23, 2023, InterDigital, Inc. (the "Company") received a notice required by Section 101(i)(2)(E) of the Employment Retirement Income Security Act of 1974, as amended, regarding an anticipated blackout period (the "Blackout Period") with respect to the InterDigital, Inc. Stock Fund (the "Stock Fund") that is an investment option offered under and, therefore, a part of the InterDigital, Inc. Savings and Protection Plan (the "Plan") in connection with the Company's recently commenced "modified Dutch auction" tender offer to purchase up to $200 million of shares of its common stock, par value $0.01 per share (the "Shares"), pursuant to the terms and subject to the conditions set forth in the Offer to Purchase dated January 23, 2023 and in the related Letter of Transmittal (which together, as they may be amended or supplemented from time to time, constitute the "Offer").

During the Blackout Period, Plan participants who tender some or all of the Shares credited to their Plan account in the Offer will be prohibited from executing certain transactions involving the Stock Fund, including all exchanges out, loans, withdrawals and distributions from the Stock Fund, until all processing related to the Offer has been completed by the Plan recordkeeper. The restrictions will apply to all Shares credited to a participant's account even if the participant tenders less than 100% of the Shares credited to the participant's account in the Offer. The restrictions will not apply to any Plan participants who do not tender Shares held in the Stock Fund in the Offer. The Company currently anticipates that the Blackout Period will be effective on 4:00 p.m., New York City Time, on February 14, 2023 and last until approximately the week of February 27, 2023 unless the Offer is terminated or the expiration date of the Offer is extended.

The Company currently anticipates that the Blackout Period will not apply to 50% or more of the Plan participants given that significantly less than 50% of Plan participants held Shares in the Stock Fund as of a recent date preceding the receipt of the notice. Accordingly, the Company is not required to provide a blackout notice to its directors and executive officers pursuant to Section 306(a) of the Sarbanes-Oxley Act of 2002 and Rule 104 of Regulation BTR promulgated by the Securities and Exchange Commission under the Securities Exchange Act of 1934, as amended. If the 50% threshold is met, the Company will, in accordance with Section 306(a) of the Sarbanes-Oxley Act of 2002 and Rule 104 of Regulation BTR, send a blackout trading restriction notice to its directors and executive officers informing them that they are prohibited from purchasing, selling or otherwise acquiring or transferring, directly or indirectly, any equity security of the Company acquired in connection with their employment as an officer or services as a director during the Blackout Period.

**SIGNATURE** 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

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| | |
|:---|:---|
|  | INTERDIGITAL, INC. |
| By: | /s/ Joshua D. Schmidt |
|  | Name: Joshua D. Schmidt |
|  | Title: Chief Legal Officer and Corporate Secretary |

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Date: January 23, 2023