Philip A. Choyce - Feb 27, 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 27, 2024
Transactions value $
$0
Form type
4
Date filed
2/29/2024, 06:31 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 +142K +88.23% 302K 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 +47.2K +100% 94.4K Feb 27, 2024 Common Stock 47.2K 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.