Robert J. Barrett IV - 01 Jul 2023 Form 4 Insider Report for Independence Contract Drilling, Inc.

Role: Director
Signature: /s/ Philip A. Choyce, Attorney-in-Fact
Issuer symbol: N/A
Transactions as of: 01 Jul 2023
Net transactions value: $0
Form type: 4
Filing time: 05 Jul 2023, 10:12:12 UTC
Previous filing: 14 Feb 2023
Next filing: 13 Feb 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ICD	Common Stock	Options Exercise		+12,286			12,286	01 Jul 2023	Direct	F1
transaction	ICD	Common Stock	Options Exercise		+6,837			6,837	01 Jul 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		-10,256	-14%		63,942	01 Jul 2023	Common Stock	10,256		Direct	F1
transaction	ICD	Restricted Stock Unit	Options Exercise		-18,429	-29%		45,513	01 Jul 2023	Common Stock	18,429		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 award that vested on July 1 2023. RSUs were settled 1/3 in cash and 2/3 in shares of common stock.