Stacy Durbin Nieuwoudt - Jan 19, 2023 Form 4 Insider Report for Independence Contract Drilling, Inc. (ICD)

Role
Director
Signature
/s/ Philip A. Choyce, Attorney-in-Fact
Stock symbol
ICD
Transactions as of
Jan 19, 2023
Transactions value $
$0
Form type
4
Date filed
1/19/2023, 06:11 PM
Previous filing
May 26, 2022
Next filing
Feb 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ICD Common Stock Options Exercise +8.13K +37.78% 29.6K Jan 19, 2023 Direct F1
holding ICD Common Stock 21.5K Jan 19, 2023 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ICD Restricted Stock Unit (Initial Grant) Options Exercise -8.13K -50% 8.13K Jan 19, 2023 Common Stock 8.13K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person was granted a restricted stock unit (RSU) upon appointment to the Company's Board of Directors on 1/19/21 that vests in equal 1/3 installments on the first, second and third anniversaries of the date of grant. Each RSU entitles the reporting person to receive one share of commons tock upon vesting.