4//SEC Filing
CHOYCE PHILIP A 4
Accession 0001415889-23-002524
CIK 0001537028other
Filed
Feb 13, 7:00 PM ET
Accepted
Feb 14, 5:34 PM ET
Size
17.7 KB
Accession
0001415889-23-002524
Insider Transaction Report
Form 4
CHOYCE PHILIP A
See Remarks
Transactions
- Exercise/Conversion
Common Stock
2023-02-10+1,371→ 35,489 total - Exercise/Conversion
Common Stock
2023-02-10+4,114→ 39,603 total - Exercise/Conversion
Performance Unit
2023-02-10−2,056→ 0 total→ Common Stock (2,056 underlying) - Award
Restricted Stock Unit
2023-02-10+36,819→ 265,779 total→ Common Stock (265,779 underlying) - Award
Phantom Stock Unit
2023-02-10+18,410→ 20,410 total→ Common Stock (18,410 underlying) - Exercise/Conversion
Restricted Stock Unit
2023-02-10−4,114→ 261,665 total→ Common Stock (4,114 underlying) - Exercise/Conversion
Phantom Stock Unit
2023-02-10−2,057→ 18,410 total→ Common Stock (2,057 underlying)
Footnotes (5)
- [F1]Represents vesting of a performance award. Each performance right reprsented the right to receive a share of ICD common stock upon ICD achieving certain relative TSR rankings against a peer group. Performance rights were settled 2/3 in shares of common stock and 1/3 in cash.
- [F2]Reporting person held an RSU granted on 2/10/20 that vested on 2/10/23. Each RSU was settled in shares of common stock.
- [F3]Each RSU represents and contingent right to receive one share of ICD commons tock. The reporting person was granted an RSU that vests in three annual installments beginning 2/10/24.
- [F4]Each phantom stock unit represents the economic equivalent on one share of ICD common stock. Each unit vests in three equal annual installments beginning February 10, 2024. Phantom stock units will be settled in cash.
- [F5]Reporting person was granted a phantom stock unit on 2/10/20 that vested on 2/20/23. Each PSU is the equivalent of one share of ICD common stock. PSU's were settled in cash.
Documents
Issuer
Independence Contract Drilling, Inc.
CIK 0001537028
Entity typeother
Related Parties
1- filerCIK 0001241701
Filing Metadata
- Form type
- 4
- Filed
- Feb 13, 7:00 PM ET
- Accepted
- Feb 14, 5:34 PM ET
- Size
- 17.7 KB