FITZGERALD MATTHEW D 4
4 · Independence Contract Drilling, Inc. · Filed Feb 12, 2021
Insider Transaction Report
Form 4
FITZGERALD MATTHEW D
Director
Transactions
- Exercise/Conversion
Common Stock
2021-02-10+2,564→ 7,122 total - Exercise/Conversion
Restricted Stock Units
2021-02-10−3,846→ 0 total→ Common Stock (0 underlying) - Award
Restricted Stock Units
2021-02-11+20,080→ 20,080 total→ Common Stock (20,080 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of ICD's common stock.
- [F2]The reporting person held an rsu that vested. Pursuant to the terms of the awards, 2/3 were settled in shares of common stock and 1/3 was settled in cash.
- [F3]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.