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

Role
SR VICE PRESIDENT - OPERATIONS
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, 02:36 PM
Previous filing
Feb 14, 2023
Next filing
Dec 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ICD Common Stock Options Exercise +32.3K +229.81% 46.3K 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 Unit Options Exercise -32.3K -22.36% 112K Mar 18, 2023 Common Stock 32.3K Direct F1
transaction ICD Restricted Stock Unit Tax liability -10.4K -9.27% 102K Mar 18, 2023 Common Stock 10.4K 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 on 3/18/22 that vests in 1/3 increments on (i) the 3/18/23, (ii) 12/31/23 and (iii) 12/31/24. RSUs are settled in shares of common stock.