0001537028-20-000061.txt : 20200316 0001537028-20-000061.hdr.sgml : 20200316 20200316160250 ACCESSION NUMBER: 0001537028-20-000061 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200312 FILED AS OF DATE: 20200316 DATE AS OF CHANGE: 20200316 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: 20717058 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_158438895083312.xml FORM 4 X0306 4 2020-03-12 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 Common Stock 2020-03-12 4 S 0 1000 3.089 D 25576 D Common Stock 2020-03-13 4 A 0 1000 1.533 A 26576 D All transactions reported on this Form 4 give effect to the 1-20 reverse stock split effective following the close of business on March 11, 2020. On March 12, 2020,1,000 shares were inadvertently sold into the market at a selling price of 3.089 per share. On March 13, 2020, Reporting Person repurchased 1,000 shares at a price of $1.533 per share. The purchase and sale reported herein were matchable under Section 16(b) of the Securities Exchange Act of 1934. The Reporting Person has agreed to pay to Independence Contract Drilling, Inc. upon settlement of the sale, $1,556 representing the full amount of the profit realized in connection with the matchable transaction. /s/ Philip A. Choyce, by power of attorney 2020-03-13