4//SEC Filing
Independence Contract Drilling, Inc. 4
Accession 0000899243-16-014190
CIK 0001537028operating
Filed
Feb 23, 7:00 PM ET
Accepted
Feb 24, 3:20 PM ET
Size
7.1 KB
Accession
0000899243-16-014190
Insider Transaction Report
Form 4
JACOB EDWARD S III
DirectorSee Remarks
Transactions
- Award
Restricted Stock Units
2016-02-22+120,000→ 120,000 total→ Common Stock (120,000 underlying)
Holdings
- 119,320
Employee Stock Option (Right to Buy)
Exercise: $12.74Exp: 2023-02-01→ Common Stock (119,320 underlying)
Footnotes (3)
- [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.
- [F3]Options to purchase 89,490 shares of common stock are immediately exercisable. Options to purchase 29,830 shares of common stock become exercisable February 1, 2017.
Documents
Issuer
Independence Contract Drilling, Inc.
CIK 0001537028
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001537028
Filing Metadata
- Form type
- 4
- Filed
- Feb 23, 7:00 PM ET
- Accepted
- Feb 24, 3:20 PM ET
- Size
- 7.1 KB