Barrett Robert J. IV 4
4 · Independence Contract Drilling, Inc. · Filed Jul 5, 2022
Insider Transaction Report
Form 4
Barrett Robert J. IV
Director
Transactions
- Award
Restricted Stock Unit
2022-07-01+18,429→ 18,429 total→ Common Stock (18,429 underlying) - Award
Restricted Stock Unit
2022-07-01+30,769→ 49,198 total→ Common Stock (30,769 underlying)
Footnotes (2)
- [F1]The reporting person received an annual grant of RSUs as a director of the Company that vest on the one year anniversary of the date of grant. One-third of the RSU's will be settled in cash, 2/3 will be settled in shares of common stock.
- [F2]The reporting person received a grant of restricted stock units in connection with his initial appointment to the board of directors. RSU's will vest in 1/3 increments on the 1st, 2nd and 3rd anniversaries of the date of grant. RSU's will be settled within 30 days of vesting, 1/3 in cash and 2/3 in shares of common stock.