EX-FILING FEES 4 icd-20220413xexfilingfees.htm EX-FILING FEES

Exhibit 107

Calculation of Filing Fee Tables

S-3

…………..

(Form Type)

Independence Contract Drilling, Inc.

……………………………………………………..…

(Exact Name of Registrant as Specified in its Charter)

Table 1: Newly Registered and Carry Forward Securities

Security
Type

Security
Class
Title

Fee
Calculation
or Carry
Forward
Rule

Amount
Registered

Proposed
Maximum
Offering
Price Per
Unit

Maximum
Aggregate
Offering
Price

Fee
Rate

Amount
of
Registration
Fee

Carry
Forward
Form
Type

Carry
Forward
File
Number

Carry
Forward
Initial
effective
date

Filing Fee
Previously
Paid In
Connection
with
Unsold
Securities
to be
Carried
Forward

Newly Registered Securities

Fees to Be Paid

Equity

Common Stock, par value $0.01 per share

457(c)

33,777,737(1)

$3.96(2)(3)

$133,759,839(2)

0.0000927

$12,399.54

-

-

-

-

Fees Previously Paid

Carry Forward Securities

Carry Forward Securities

Total Offering Amounts

$12,399.54

Total Fees Previously Paid

-

Total Fee Offsets

-

Net Fee Due

$12,399.54


(1)

Includes (i) 2,145,648 outstanding shares of common stock and (ii) up to 31,065,089 shares of common stock, par value $0.01 per share (“common stock”) of Independence Contract Drilling, Inc. (“ICD”) issuable upon conversion of the $157.5 million aggregate principal amount of convertible secured PIK toggle notes due 2026 (the “Notes”) (issued pursuant to an Indenture, dated as of March 18, 2022, by and among the Company, U.S. Bank Trust Company, National Association as trustee and collateral agent, and the guarantor named therein (the “Indenture”), or PIK Notes (as defined in the Indenture) issuable on the Notes in accordance with the Indenture, or upon exercise of pre-funded warrants issuable upon conversion of the Notes in lieu of common stock. The securities that may be offered pursuant to this registration statement include, pursuant to Rule 416 of the Securities Act of 1933 (the “Securities Act”), such additional number of shares of Independence Contract Drilling, Inc.’s common stock that may become issuable as a result of any stock split, stock dividends or similar events.

(2)

Estimated solely for purposes of calculating the registration fee pursuant to Rule 457(c) under the Securities Act based on the average high and low per share sale price as reported on The New York Stock Exchange on April 6, 2022.

(3)

The proposed maximum offering price per share of common stock will be determined from time to time in connection with, and at the time of, the sale by the holder of such common stock.