John A. Gallegos Jr. - 10 Feb 2024 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
10 Feb 2024
Net transactions value
$0
Form type
4
Filing time
13 Feb 2024, 17:06:27 UTC
Previous filing
19 Mar 2024
Next filing
29 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 +27,003 +6.9% 417,288 10 Feb 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 -40,505 -14% 248,501 10 Feb 2024 Common Stock 40,505 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