4//SEC Filing
Fitts Travis 4
Accession 0001537028-20-000067
CIK 0001537028other
Filed
Apr 5, 8:00 PM ET
Accepted
Apr 6, 12:35 PM ET
Size
14.6 KB
Accession
0001537028-20-000067
Insider Transaction Report
Form 4
Fitts Travis
SVP HR & HSE
Transactions
- Exercise/Conversion
Phantom Stock Unit
2020-04-02−1,486→ 0 total→ Common Stock (1,486 underlying) - Exercise/Conversion
Common Stock
2020-04-02+1,468→ 7,002 total - Disposition to Issuer
Common Stock
2020-04-02$1.62/sh−1,468$2,378→ 5,534 total - Exercise/Conversion
Common Stock
2020-04-02+4,350→ 9,884 total - Exercise/Conversion
Common Stock
2020-04-02+578→ 10,462 total - Tax Payment
Common Stock
2020-04-02−1,970→ 8,492 total - Exercise/Conversion
Restricted Stock Units
2020-04-02−4,350→ 0 total→ Common Stock (4,350 underlying)
Footnotes (2)
- [F1]Executive ceased to be an employee of Company effective April 2, 2020. Pursuant to terms of the awards and employment-related agreements, awards representing 1,608 phantom stock awards vested. The Company will settle vested awards in cash based upon a share price of $1.62 per share (closing price per share on vesting date).
- [F2]Executive cease to be an employee of Company April 2, 2020. Pursuant to terms of awards and employment-related agreements, restricted stock units presenting 4,350 shares of common stock vested and were settled in shares of common stock.
Documents
Issuer
Independence Contract Drilling, Inc.
CIK 0001537028
Entity typeother
Related Parties
1- filerCIK 0001754775
Filing Metadata
- Form type
- 4
- Filed
- Apr 5, 8:00 PM ET
- Accepted
- Apr 6, 12:35 PM ET
- Size
- 14.6 KB