4//SEC Filing
Independence Contract Drilling, Inc. 4
Accession 0000950142-15-001962
CIK 0001537028operating
Filed
Aug 18, 8:00 PM ET
Accepted
Aug 19, 4:54 PM ET
Size
9.5 KB
Accession
0000950142-15-001962
Insider Transaction Report
Form 4
SPROTT RESOURCE CORP
10% Owner
Transactions
- Other
Common Stock
2015-08-19+12,272→ 12,272 total(indirect: See Footnotes)
Holdings
- 4,525,000(indirect: By Partnership)
Common Stock
Sprott Resource Partnership
10% Owner
Transactions
- Other
Common Stock
2015-08-19+12,272→ 12,272 total(indirect: See Footnotes)
Holdings
- 4,525,000(indirect: By Partnership)
Common Stock
Footnotes (4)
- [F1]The reported securities are owned directly by Sprott Resource Partnership ("SRP"), which is controlled by Sprott Resource Corp. ("SRC"). SRC is an indirect beneficial owner of the reported securities.
- [F2]The reporting person disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.
- [F3]Represents Restricted Shares granted to Mr. Arthur Einav on August 20, 2014 that will vest ratably on each of the first three anniversaries of the date of grant. On August 19, 2015, Mr. Einav and SRP entered into an Investee Director Compensation Agreement pursuant to which the Restricted Shares are held by Mr. Einav for the benefit of SRP, which is controlled by SRC (Mr. Einav serves as as Managing Director, General Counsel and Corporate Secretary of SRC). Under the Investee Director Compensation Agreement, upon vesting, direct ownership of the Restricted Shares will be transferred to SRP and SRP will directly own such shares.
- [F4]Not applicable.
Documents
Issuer
Independence Contract Drilling, Inc.
CIK 0001537028
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001537028
Filing Metadata
- Form type
- 4
- Filed
- Aug 18, 8:00 PM ET
- Accepted
- Aug 19, 4:54 PM ET
- Size
- 9.5 KB