SEC Form 4 · accession 0001537028-17-000050
Independence Contract Drilling, Inc. · ICD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew D Fitzgerald
Director
Period of report
Feb 22, 2017
Accepted (ET)
Feb 24, 2017 · 2:37 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001537028
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 22, 2017 | M | 17,500 | $0.00 | A | 40,622 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Feb 22, 2017 | M | 17,500 | D | — | — | Common Stock | 17,500 | 17,036 | D |
Explanation of responses
- F1Each restricted stock unit represents a contintent right to receive one share of ICD's common stock.
- F2The reporting person received grants of restricted stock units on each of February 22, 2016 (17,500 units) and February 8, 2017 (17,036 units), each vesting on the one year anniversary of the date of grant. ICD will settle vested RSUIs within 30 days of the date that such RSU's vest.