Form Type: 4

SEC EDGAR Link
Acccession Number:0001537028-20-000049
Date:2020-02-27
Issuer: INDEPENDENCE CONTRACT DRILLING, INC. (ICD)
Original Submission Date:

Reporting Person:

MINMIER JAMES
20475 STATE HIGHWAY 249
SUITE 300 HOUSTON, TX 77070

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2020-02-27 M 28,571 a $0.00 85,630 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
RESTRICTED STOCK UNITS 0.0 2020-02-27 deemed execution date M 28,571 (d) common stock 28,571 $0.00 76,923 direct
Footnotes
IDfootnote
f1 each restricted stock unit represents a contingent right to receive one share of icd's common stock
f2 the director received an rsu grant that is subject to a one year vesting period. the director has the option to settle 1/3 of the shares underlying the grant in cash or common stock, at the director's election. vested rsus will be settled within 30 days of the vesting date.

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