InterDigital announces blackout period for Plan participants in connection with $200M tender offer

InterDigital, Inc.

Blackout period effective 4:00 p.m. ET on Feb 14, 2023, expected to last until approximately the week of Feb 27, 2023.
Blackout applies only to Plan participants who tender any shares in the Stock Fund; prohibits exchanges, loans, withdrawals, and distributions.
Less than 50% of Plan participants hold shares in Stock Fund, so no SOX 306(a) blackout notice required for directors/executive officers.
Blackout is in connection with a modified Dutch auction tender offer to purchase up to $200M of InterDigital common stock.
Restrictions apply even if participant tenders less than 100% of their shares credited to the Stock Fund.

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