Noonan Tighe 4
4 · Independence Contract Drilling, Inc. · Filed Feb 12, 2018
Insider Transaction Report
Form 4
Noonan Tighe
Director
Transactions
- Exercise/Conversion
Common Stock
2018-02-12+17,036→ 38,627 total - Exercise/Conversion
Restricted Stock Units
2018-02-12−17,036→ 0 total→ Common Stock (17,036 underlying) - Award
Restricted Stock Units
2018-02-12+22,422→ 22,422 total→ Common Stock (22,422 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of ICD's common stock.
- [F2]The reporting person received a restricted stock unit on 2/8/17 that vests on the one year anniversary of the date of grant. ICD will settled vested RSUIs within 30 days of the date that such RSU's vest.
- [F3]The director received an RSU grant that is subject to a one year vesting period. The director has the option to settle 1/3 of the shares underlying the grant in cash or common stock, at the director's election. Vested RSUs will be settled within 30 days of the vesting date.