Kathrine Kokenes - Mar 18, 2023 Form 4 Insider Report for Independence Contract Drilling, Inc. (ICD)

Role
VP & CHIEF ACCOUNTING OFFICER
Signature
/s/ Philip A. Choyce, Attorney-in-Fact
Stock symbol
ICD
Transactions as of
Mar 18, 2023
Transactions value $
$0
Form type
4
Date filed
3/20/2023, 02:33 PM
Previous filing
Feb 14, 2023
Next filing
Jan 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ICD Common Stock Options Exercise +12.5K +757.27% 14.2K Mar 18, 2023 Direct F1

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 Units Options Exercise -12.5K -22.4% 43.5K Mar 18, 2023 Common Stock 12.5K Direct F1
transaction ICD Restricted Stock Units Tax liability -4.04K -9.29% 39.4K Mar 18, 2023 Common Stock 4.04K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reporting person was granted an RSU that vests in 1/3 increments on (i) 3/18/23, (ii) 12/31/23 and (iii) 12/31/24. Vested RSUs are settled in shares of common stock.