John A. Gallegos Jr. - 26 Dec 2023 Form 4 Insider Report for Independence Contract Drilling, Inc.

Role: PRESIDENT & CEO, Director
Signature: /s/ Philip A. Choyce, Attorney-in-Fact
Issuer symbol: N/A
Transactions as of: 26 Dec 2023
Net transactions value: $0
Form type: 4
Filing time: 28 Dec 2023, 13:23:06 UTC
Previous filing: 19 Mar 2024
Next filing: 19 Mar 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	Award		+4,982	+2.3%		225,368	26 Dec 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		-4,982	-0.97%		508,611	26 Dec 2023	Common Stock	4,982		Direct	F1
transaction	ICD	Restricted Stock Units	Tax liability		-1,604	-0.32%		507,007	26 Dec 2023	Common Stock	1,604		Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents number of shares issued upon vesting of a restricted stock unit award
F2	Represents units/shares withheld for tax withholding pursuant to vesting of restricted stock units