SEC Form 4 · accession 0001537028-17-000059
Independence Contract Drilling, Inc. · ICD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Tighe Noonan
Director
Period of report
Feb 22, 2017
Accepted (ET)
Feb 24, 2017 · 2:55 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 | 21,591 | D | |
| Common StockF1 | holding | — | — | — | 582,113 | I | By 4D Global Energy Advisors SAS as Alt Inv Fund Manager to 4D Global Energy Dev. Cap Fund II plc | |
| Common StockF2 | holding | — | — | — | 2,562,500 | I | By 4D Global Energy Advisors SAS as Alt Invest Fund Manager to 4D Global Energy Investments plc |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F4 | — | Feb 22, 2017 | M | 17,500 | D | — | — | Common Stock | 17,500 | 17,036 | D |
Explanation of responses
- F1The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purpose of Section 16 or any other purpose.
- F2The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
- F3Each restricted stock unit represents a contintent right to receive one share of ICD's common stock.
- F4The 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.