Harwell Michael J 4
4 · Independence Contract Drilling, Inc. · Filed Mar 2, 2020
Insider Transaction Report
Form 4
Harwell Michael J
See Remarks
Transactions
- Exercise/Conversion
Restricted Stock Units
2020-02-27−10,500→ 77,538 total→ Common Stock (10,500 underlying) - Exercise/Conversion
Common Stock
2020-02-27+10,500→ 200,493 total - Tax Payment
Common Stock
2020-02-27−3,113→ 197,380 total
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 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.