Dalrymple Philip 4
4 · Independence Contract Drilling, Inc. · Filed Feb 14, 2023
Insider Transaction Report
Form 4
Dalrymple Philip
Vice President - Operations
Transactions
- Award
Phantom Stock Unit
2023-02-10+8,368→ 8,368 total→ Common Stock (8,368 underlying) - Exercise/Conversion
Common Stock
2023-02-10+636→ 12,130 total - Exercise/Conversion
Common Stock
2023-02-10+1,274→ 14,040 total - Exercise/Conversion
Performance Award
2023-02-10−484→ 0 total→ Common Stock (484 underlying) - Exercise/Conversion
Restricted Stock Unit
2023-02-10−1,274→ 127,582 total→ Common Stock (1,274 underlying) - Award
Restricted Stock Unit
2023-02-10+16,734→ 144,316 total→ Common Stock (16,734 underlying) - Exercise/Conversion
Phantom Stock Unit
2023-02-10−638→ 0 total→ Common Stock (638 underlying)
Footnotes (5)
- [F1]Reporting person was granted a performance award on 2/10/20 that vested on 2/10/23. Two thirds of such award was settled in shares of ICD common stcok and 1/3 was settled in cash.
- [F2]Reporting person was granted a restricted stock unit on 2/10/20 that vested on 2/10/23. Each RSU was settled in ICD common stock.
- [F3]Reporting person was granted a restricted stock unit that vests in three equal annual installments beginning 2/10/24. RSUs will be settled in shares of ICD common stock.
- [F4]Reporting person was granted a phantom stock award on 2/10/20 that vested on 2/10/23. Each phantom stock unit was the economic equivalent of one share of ICD common stock. Phantom stock awards were settled in cash.
- [F5](3) Reporting person was granted phantom stock units that vest in three equal annual installments beginning 2/10/24. PSUs will be settled in cash and each unit represents the economic equivalent of one share of ICD common stock.