Independence Contract Drilling, Inc. 4
4 · Independence Contract Drilling, Inc. · Filed Feb 24, 2016
Insider Transaction Report
Form 4
Thompson Joseph Scott
See Remarks
Transactions
- Award
Restricted Stock Units
2016-02-22+40,000→ 40,000 total→ Common Stock (40,000 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contintent right to receive one share of ICD's common stock.
- [F2]The reporting person received a restricted stock unit subject to a three-year vesting schedule, vesting 1/3 on the first anniversary of the date of grant, 1/3 on the second anniversary of the date of grant, and 1/3 on the third anniversary of the date of grant. ICD will settled vested RSUIs within 30 days of the date that such RSU's vest.