Philip A. Choyce - Feb 10, 2024 Form 4 Insider Report for Independence Contract Drilling, Inc. (ICD)

Role
EXECUTIVE VP & CFO
Signature
/s/ Philip A. Choyce
Stock symbol
ICD
Transactions as of
Feb 10, 2024
Transactions value $
$0
Form type
4
Date filed
2/13/2024, 05:09 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 +11.9K +8% 160K 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 Unit Options Exercise -17.8K -16.83% 88.1K Feb 10, 2024 Common Stock 17.8K 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