John A. Gallegos Jr. - 27 Feb 2024 Form 4 Insider Report for Independence Contract Drilling, Inc.

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
29 Feb 2024, 18:34:43 UTC
Prior SEC filing
13 Feb 2024
Next SEC filing
03 Apr 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Philip A. Choyce, Attorney-in-Fact

Key filing fact

John A. Gallegos Jr. filed Form 4 for Independence Contract Drilling, Inc. on 29 Feb 2024.

Key facts

  • This page summarizes John A. Gallegos Jr.'s Form 4 filing for Independence Contract Drilling, Inc..
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 29 Feb 2024, 18:34.

Change

  • Previous filing in this sequence was filed on 13 Feb 2024.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ICD transaction

Common Stock

Award

Transaction value
Shares
+192,500
Change %
+46%
Price
Shares after
609,788
Date
27 Feb 2024
Ownership
Direct
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ICD transaction Derivative

Phantom Stock Unit

Award

Transaction value
Shares
+96,250
Change %
Price
Shares after
96,250
Date
27 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
96,250
Exercise price
Footnotes
F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

On February 27, 2024, reporting person was granted a restricted stock award that vest in equal 1/3 increments on the 1st, 2nd and 3rd anniversary of the date of grant

Footnote F2

On February 27, 2024, reporting person was granted a cash settled restricted stock unit that vests in equal 1/3 increments on the 1st, 2nd and 3rd anniversary of the grant date. Each RSU is settled in cash based upon the fair market value of a share of common stock on the vesting date.

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