Scott A. Keller - Feb 27, 2024 Form 4 Insider Report for Independence Contract Drilling, Inc. (ICD)

Role
SVP - SALES AND MARKETING
Signature
/s/ Philip A. Choyce, Attorney-in-Fact
Stock symbol
ICD
Transactions as of
Feb 27, 2024
Transactions value $
$0
Form type
4
Date filed
2/29/2024, 06:28 PM
Previous filing
Feb 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ICD Common Stock Award +61.3K +52.33% 179K Feb 27, 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 Phantom Stock Unit Award +30.7K 30.7K Feb 27, 2024 Common Stock 30.7K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reporting person was granted a restricted stock award on February 27, 2024 that vests in equal 1/3 installments on the 1st, 2nd, and 3rd anniversary of the date of grant.
F2 The Reporting Person was granted a cash settled RSU on February 28, 2024 that vests in equal 1/3 increments on the 1st, 2nd and 3rd anniversary of the date of grant.