Robert J. Barrett IV - Jul 1, 2024 Form 4 Insider Report for Independence Contract Drilling, Inc. (ICD)

Role
Director
Signature
/s/ Philip A. Choyce, Attorney-in-Fact
Stock symbol
ICD
Transactions as of
Jul 1, 2024
Transactions value $
$0
Form type
4
Date filed
7/2/2024, 09:54 AM
Previous 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 +6.84K +9.89% 76K Jul 1, 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 -6.84K -50% 6.84K Jul 1, 2024 Common Stock 6.84K Direct F1
transaction ICD Phantom Stock Award Options Exercise -3.42K -50% 3.42K Jul 1, 2024 Common Stock 3.42K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person received was granted a restricted stock unit that vested on July 1, 2024. Each RSU was settled 2/3 in shares of common stock and 1/3 in cash based upon the fair market value of the common stock on the vesting date.