secwatch.observer — SEC 8-K summary
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Issuer:     InterDigital, Inc. (IDCC)
CIK:        0001405495
Form:       8-K
Filed at:   2023-01-23T23:59:59+00:00
Accession:  0001104659-23-005585
Event type: other
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.04
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1405495/000110465923005585/0001104659-23-005585-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1405495/000110465923005585/tm233479d11_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-005585

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