0001537028-21-000032.txt : 20210216 0001537028-21-000032.hdr.sgml : 20210216 20210216170128 ACCESSION NUMBER: 0001537028-21-000032 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210211 FILED AS OF DATE: 20210216 DATE AS OF CHANGE: 20210216 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: 21640471 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 wf-form4_161351287491859.xml FORM 4 X0306 4 2021-02-11 0 0001537028 Independence Contract Drilling, Inc. ICD 0001562099 Gallegos John A. Jr. 20475 STATE HIGHWAY 249 SUITE 300 HOUSTON TX 77070 0 1 0 0 President & CEO Stock Appreciation Right 5.73 2021-02-11 4 A 0 1405537 0 A 2028-02-11 Common Stock 1405537.0 1405537 D Reporting Person was granted a stock appreciation right (SAR) that vests in 1/3 increments on the first, second and third anniversary of the date of grant. The SAR is settled in cash based upon the average closing price of the common stock over the previous 20 trading days prior to exercise. The average closing price for this purpose is capped at $10 per share of common stock. /s/ Philip A. Choyce, by power of attorney 2021-02-14