0001415889-23-002527.txt : 20230214 0001415889-23-002527.hdr.sgml : 20230214 20230214174015 ACCESSION NUMBER: 0001415889-23-002527 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230210 FILED AS OF DATE: 20230214 DATE AS OF CHANGE: 20230214 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Gallegos John A. Jr. CENTRAL INDEX KEY: 0001562099 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36590 FILM NUMBER: 23632180 MAIL ADDRESS: STREET 1: 952 ECHO LANE STREET 2: SUITE 460 CITY: HOUSTON STATE: TX ZIP: 77024 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Independence Contract Drilling, Inc. CENTRAL INDEX KEY: 0001537028 STANDARD INDUSTRIAL CLASSIFICATION: DRILLING OIL & GAS WELLS [1381] IRS NUMBER: 371653648 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 20475 STATE HIGHWAY 249 STREET 2: SUITE 300 CITY: HOUSTON STATE: TX ZIP: 77070 BUSINESS PHONE: 2815981230 MAIL ADDRESS: STREET 1: 20475 STATE HIGHWAY 249 STREET 2: SUITE 300 CITY: HOUSTON STATE: TX ZIP: 77070 4 1 form4-02142023_100245.xml X0306 4 2023-02-10 0001537028 Independence Contract Drilling, Inc. ICD 0001562099 Gallegos John A. Jr. 20475 HWY 249, SUITE 300 HOUSTON TX 77070 true true false false PRESIDENT & CEO Common Stock 2023-02-10 4 M 0 3688 A 47733 D Common Stock 2023-02-10 4 M 0 7736 A 55469 D Performance Right 2023-02-10 4 M 0 5532 D Common Stock 5532 0 D Restricted Stock Units 2023-02-10 4 A 0 81009 A Common Stock 81009 738969 D Phantom Stock Unit 2023-02-10 4 A 0 40506 A Common Stock 40506 44194 D Restricted Stock Units 2023-02-10 4 M 0 7376 D Common Stock 7376 731593 D Phantom Stock Unit 2023-02-10 4 M 0 3688 D Common Stock 3688 40506 D Represents number of shares issued upon vesting of a performance award The reporting person was granted a restricted stock unit on 2/10/20 that vested on February 10, 2023. Each RSU was settled in shares of common stock. The reporting person received a restricted stock unit award, subject to a three-year vesting schedule, vesting 1/3 on the first anniversary of the date of grant, 1/3 on the second anniversary of the date of grant, and 1/3 on the third anniversary of the date of grant. ICD will settle vested RSU's within 30 days of the date that such RSU's vest. Each Phantom stock unit is the economic equivalent to a share of ICD commons tock. The reporting person was granted a PSU that vests in three equal annual installments beginning 2/10/24. PSUs will be settled in cash. The reporting person was granted a phantom stock unit on 2/10/20 that vested on February 10, 2023. Each PSU was settled in shares of cash. /s/ Philip A. Choyce, Attorney-in-Fact 2023-02-14