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Ownership Document |
Schema Version: X0508 |
Document Type: 4/A |
Period of Report: 12/26/23 |
Date of Original Submission: 12/28/23 |
Issuer: |
| Issuer CIK: 1537028 |
| Issuer Name: Independence Contract Drilling, Inc. |
| Issuer Trading Symbol: ICD |
Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1562099 |
| | Owner Name: Gallegos John A. Jr. |
| Reporting Owner Address: |
| | Owner Street 1: 20475 HWY 249, SUITE 300 |
| | Owner Street 2: |
| | Owner City: HOUSTON |
| | Owner State: TX |
| | Owner ZIP Code: 77070 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? Yes |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: PRESIDENT & CEO |
| | Other Text: |
Aff 10b5 One: 0 |
Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 12/26/23 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: A |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 3,994 |
| | | Transaction Price Per Share: |
| Footnote ID: F1 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 209,070 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| | | Nature of Ownership: |
| Value: |
Derivative Table: |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Retricted Stock Unit |
| | Conversion or Exercise Price: |
| | | Footnote ID: F1 |
| | Transaction Date: |
| | | Value: 12/26/23 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: M |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 3,994 |
| | | Transaction Price Per Share: |
| Footnote ID: F1 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Exercise Date: |
| | | Footnote ID: F1 |
| | Expiration Date: |
| | | Footnote ID: F1 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 3,994 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 509,599 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| | | Nature of Ownership: |
| Value: |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Restricted Stock Units |
| | Conversion or Exercise Price: |
| | | Footnote ID: F1 |
| | Transaction Date: |
| | | Value: 12/26/23 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: F |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 2,592 |
| | | Transaction Price Per Share: |
| Footnote ID: F1 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Exercise Date: |
| | | Footnote ID: F1 |
| | Expiration Date: |
| | | Footnote ID: F1 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 2,592 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 507,007 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| | | Nature of Ownership: |
| Value: |
Footnotes: |
| Footnote - F1: On December 28, 2023, the Reporting Person reported the vesting of certain restricted stock units and tax withholding of units incident to such vesting. The original Form 4 misallocated the number of RSUs withheld for vesting and shares acquired upon vesting. The correct allocation is reflected in this amendment |
Owner Signature: |
| Signature Name: /s/ Philip A. Choyce, Attorney-in-Fact |
| Signature Date: 3/19/24 |