CEBULA VINCENT J 4
4 · Independence Contract Drilling, Inc. · Filed Mar 19, 2024
Insider Transaction Report
Form 4
CEBULA VINCENT J
Director
Transactions
- Exercise/Conversion
Common Stock
2024-03-18+5,501→ 77,502 total - Exercise/Conversion
Restricted Stock Unit
2024-03-18−5,501→ 5,501 total→ Common Stock (5,501 underlying) - Exercise/Conversion
Phantom Stock Unit
2024-03-18−2,750→ 2,751 total→ Common Stock (2,750 underlying)
Footnotes (2)
- [F1]Represents vesting of an RSU originally granted March 18, 2022, which original grant vested in 1/3 increments on the 1st, 2nd and 3rd anniversaries of the date of grant.
- [F2]Represents vesting of a phantom stock unit originally granted March 18, 2022, which original grant vested in 1/3 increments on the 1st, 2nd and 3rd anniversaries of the date of grant. Phantom stock units are settled in cash, with each unit equal to the fair market value fo the common stock on the vesting date.