4//SEC Filing
Harwell Michael J 4
Accession 0001537028-20-000029
CIK 0001537028other
Filed
Feb 11, 7:00 PM ET
Accepted
Feb 12, 4:34 PM ET
Size
8.1 KB
Accession
0001537028-20-000029
Insider Transaction Report
Form 4
Harwell Michael J
See Remarks
Transactions
- Award
Restricted Stock Units
2020-02-10+56,538→ 88,038 total→ Common Stock (56,538 underlying) - Award
Phantom Stock Unit
2020-02-10+28,270→ 28,270 total→ Common Stock (28,270 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contintent right to receive one share of ICD's common stock.
- [F2](2)The reporting person received a restricted stock unit award, 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's vest.
- [F3]The reporting person received a phantom 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. Each unit is the economic equivalant of one share of common stock. ICD will settle vested phantom RSU's in cash within 30 days of the date that such RSU vests.
Documents
Issuer
Independence Contract Drilling, Inc.
CIK 0001537028
Entity typeother
Related Parties
1- filerCIK 0001612907
Filing Metadata
- Form type
- 4
- Filed
- Feb 11, 7:00 PM ET
- Accepted
- Feb 12, 4:34 PM ET
- Size
- 8.1 KB