Crandell James 4
4 · Independence Contract Drilling, Inc. · Filed Mar 2, 2020
Insider Transaction Report
Form 4
Crandell James
Director
Transactions
- Exercise/Conversion
Common Stock
2020-02-27+28,571→ 73,205 total - Exercise/Conversion
Restricted Stock Units
2020-02-27−28,571→ 76,923 total→ Common Stock (28,571 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of ICD's common stock
- [F2]The director received an RSU grant that is subject to a one year vesting period. One third of the grant will be settled in cash. 2/3 settled in shares of common stock. Vested RSUs will be settled within 30 days of the vesting date.