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

Role
SR VICE PRESIDENT - OPERATIONS
Signature
/s/ Philip A. Choyce, Attorney-in-Fact
Issuer symbol
ICD
Transactions as of
10 Feb 2024
Transactions value $
$0
Form type
4
Date filed
13 Feb 2024, 17:04
Previous filing
03 Jan 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 +5.58K +6.96% 85.7K 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 Unit Options Exercise -8.37K -14.69% 48.6K 10 Feb 2024 Common Stock 8.37K 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)