Menefee Chris 4
4 · Independence Contract Drilling, Inc. · Filed Mar 2, 2020
Insider Transaction Report
Form 4
Menefee Chris
See Remarks
Transactions
- Tax Payment
Common Stock
2020-02-27−3,149→ 349,063 total - Exercise/Conversion
Restricted Stock Units
2020-02-27−10,619→ 113,853 total→ Common Stock (10,619 underlying) - Exercise/Conversion
Common Stock
2020-02-27+10,619→ 352,212 total
Footnotes (2)
- [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 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.