Independence Contract Drilling, Inc. 4
4 · Independence Contract Drilling, Inc. · Filed Feb 24, 2017
Insider Transaction Report
Form 4
Mueller Aaron
See Remarks
Transactions
- Tax Payment
Common Stock
2017-02-22$5.70/sh−2,176$12,403→ 19,401 total - Exercise/Conversion
Common Stock
2017-02-22+6,666→ 21,577 total - Exercise/Conversion
Restricted Stock Units
2017-02-22−6,666→ 13,334 total→ Common Stock (6,666 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contintent right to receive one share of ICD's common stock.
- [F2]The reporting person received grants of restricted stock units on each of February 22, 2016 (20,000 units) and February 8, 2017 (20,869 units),each subject to a three-year vesting schedule, vesting 1/3 on the first anniversary of the date of grant, 1/3 on the second anniversary of the date of grant, and 1/3 on the third anniversary of the date of grant. ICD will settle vested RSUIs within 30 days of the date that such RSU's vest.