Gallegos John A. Jr. 4
4 · Independence Contract Drilling, Inc. · Filed Feb 29, 2024
Insider Transaction Report
Form 4
Gallegos John A. Jr.
President & CEO
Transactions
- Award
Phantom Stock Unit
2024-02-27+96,250→ 96,250 total→ Common Stock (96,250 underlying) - Award
Common Stock
2024-02-27+192,500→ 609,788 total
Footnotes (2)
- [F1]On February 27, 2024, reporting person was granted a restricted stock award that vest in equal 1/3 increments on the 1st, 2nd and 3rd anniversary of the date of grant
- [F2]On February 27, 2024, reporting person was granted a cash settled restricted stock unit that vests in equal 1/3 increments on the 1st, 2nd and 3rd anniversary of the grant date. Each RSU is settled in cash based upon the fair market value of a share of common stock on the vesting date.