People: InterDigital Inc (IDCC.OQ)

IDCC.OQ on NASDAQ Stock Exchange Global Select Market

54.36USD
26 Dec 2014
Price Change (% chg)

$0.03 (+0.06%)
Prev Close
$54.33
Open
$54.61
Day's High
$54.76
Day's Low
$54.08
Volume
75,276
Avg. Vol
201,494
52-wk High
$54.89
52-wk Low
$26.26

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Merritt, William 

Brief Biography

Mr. William J. Merritt is President, Chief Executive Officer, Director of InterDigital Inc. He has been a director of the company since May 2005. He has also served as President and Chief Executive Officer of the company since May 2005 and as President and Chief Executive Officer of InterDigital Communications, LLC, a wholly owned subsidiary of the company, since its formation in July 2007. Mr. Merritt served as General Patent Counsel of the company from July 2001 to May 2005 and as President of InterDigital Technology Corporation, a wholly owned patent licensing subsidiary of the company, from July 2001 to January 2008. Since 2014, Mr. Merritt is a member of the board of directors of privately owned Shared Spectrum Company, a leading innovator of dynamic spectrum access and wireless spectrum intelligence technology. The board has concluded that Mr. Merritt should serve as a director of the company because, in his current and former roles, Mr. Merritt has played a vital role in managing the company’s intellectual property assets and overseeing the growth of its patent licensing business. He also possesses tremendous knowledge about the company from short- and long-term strategic perspectives and from a day-to-day operational perspective and serves as a conduit between the board and management while overseeing management’s efforts to realize the board’s strategic goals.

Basic Compensation

Total Annual Compensation, USD Long-Term Incentive Plans, USD All Other, USD Fiscal Year Total, USD
1,220,000 -- 385,965 3,343,540

Options Compensation

  Quantity Market Value
Exercisable 219,000 1,754,990.00
Unexercisable 12,501 116,926.00
Exercised 85,000 1,551,440.00
Name Fiscal Year Total

Steven Clontz

--

William Merritt

3,343,540

Richard Brezski

737,505

Jannie Lau

541,461

Scott McQuilkin

921,080

James Nolan

1,292,810
As Of 30 Dec 2013
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