John A. Gallegos Jr. - Feb 10, 2024 Form 4 Insider Report for Independence Contract Drilling, Inc. (ICD)

Role
PRESIDENT & CEO, Director
Signature
/s/ Philip A. Choyce, Attorney-in-Fact
Stock symbol
ICD
Transactions as of
Feb 10, 2024
Transactions value $
$0
Form type
4
Date filed
2/13/2024, 05:06 PM
Previous filing
Jan 3, 2024
Next filing
Feb 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ICD Common Stock Options Exercise +27K +6.92% 417K Feb 10, 2024 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 -40.5K -14.02% 249K Feb 10, 2024 Common Stock 40.5K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents vesting of a restricted stock unit award on Feb 10, 2024. Vested units were settled 2/3 in shares of common stock and 1/3 in cash (cash settlement based upon the market price per share n the vesting date: $2.00