4//SEC Filing
DUNN BYRON A 4
Accession 0001537028-18-000104
CIK 0001537028other
Filed
Oct 2, 8:00 PM ET
Accepted
Oct 3, 3:58 PM ET
Size
19.6 KB
Accession
0001537028-18-000104
Insider Transaction Report
Form 4
DUNN BYRON A
DirectorChief Executive Officer
Transactions
- Disposition to Issuer
Common Stock
2018-10-01$4.71/sh−21,323$100,431→ 0 total(indirect: See Footnote) - Exercise/Conversion
Common Stock
2018-10-01+172,312→ 765,014 total - Exercise/Conversion
Restricted Stock Units
2018-10-01−80,000→ 0 total→ Common Stock (80,000 underlying) - Exercise/Conversion
Restricted Stock Units
2018-10-01−126,883→ 0 total→ Common Stock (126,883 underlying) - Exercise/Conversion
Common Stock
2018-10-01+126,883→ 592,702 total - Exercise/Conversion
Common Stock
2018-10-01+80,000→ 845,014 total - Disposition to Issuer
Common Stock
2018-10-01$4.71/sh−105,975$499,142→ 78,500 total(indirect: See Footnote) - Exercise/Conversion
Restricted Stock Units
2018-10-01−172,312→ 0 total→ Common Stock (172,312 underlying) - Award
Common Stock
2018-10-01+86,248→ 465,819 total
Footnotes (7)
- [F1]Represents shares of common stock owned of record by Granite One Limited Partnership (formerly A2L, Ltd), over which Mr. Dunn shares voting and dispositive control.
- [F2]Represents 105,975 shares of common stock owned of record by Field Rock Partners LP, over which Mr. Dunn shares voting and dispositive power. Represents 78,500 shares of common stock owned of record by Granite One Limited Partnership, over which Mr. Dunn shares voting and dispositive power.
- [F3]Each restricted stock unit represents a contintent right to receive one share of ICD's common stock.
- [F4]The reporting person received a restricted stock unit on February 22, 2016, 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 settled vested RSUIs within 30 days of the date that such RSU's vest.
- [F5]Each restricted stock unit represents a contingent right to receive one share of ICD's common stock
- [F6]The reporting person received a restricted stock unit 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 RSU's within 30 days of the date that such RSU vests.
- [F7]The reporting person received a restricted stock unit on 2/8/18, subject to a three year vesting schedule, vesting 1/3 on the first anniversary of the date of grant, vesting 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 RSU's within 30 days of the date that such RSU vests.
Documents
Issuer
Independence Contract Drilling, Inc.
CIK 0001537028
Entity typeother
Related Parties
1- filerCIK 0001273414
Filing Metadata
- Form type
- 4
- Filed
- Oct 2, 8:00 PM ET
- Accepted
- Oct 3, 3:58 PM ET
- Size
- 19.6 KB