CEBULA VINCENT J 4
4 · Independence Contract Drilling, Inc. · Filed Feb 14, 2023
Insider Transaction Report
Form 4
CEBULA VINCENT J
Director
Transactions
- Award
Restricted Stock Unit
2023-02-10+25,000→ 74,504 total→ Common Stock (25,000 underlying)
Footnotes (1)
- [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. The grant of RSU's is subject to approval of an amendment to increase the number of shares authorized under the Company's 2019 LTIP Plan at the 2022 Annual Meeting of Stockholders.