0001878229-21-000010.txt : 20211221 0001878229-21-000010.hdr.sgml : 20211221 20211220174707 ACCESSION NUMBER: 0001878229-21-000010 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20211221 DATE AS OF CHANGE: 20211220 SUBJECT COMPANY: 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 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-88287 FILM NUMBER: 211506273 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 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MONROE WILLIAM CENTRAL INDEX KEY: 0001878229 FILING VALUES: FORM TYPE: SC 13G MAIL ADDRESS: STREET 1: C/O HIGIER ALLEN & LAUTIN, P.C. STREET 2: 2711 N. HASKELL AVE., SUITE 2400 CITY: DALLAS STATE: TX ZIP: 75204 SC 13G 1 SC13G_122021.htm SCHEDULE 13G sc13g
 

 
 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

Independence Contract Drilling, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
453415309
(CUSIP Number)
November 22, 2021
(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

     ☐ Rule 13d-1(b)

     ☒ Rule 13d-1(c)

     ☐ Rule 13d-1(d)

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 
 

 

                     
CUSIP No.
  
453415309 

 

           
1   NAMES OF REPORTING PERSONS:
William Monroe
   
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY): 
   
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):
  (a)   o
  (b)   o
     
3   SEC USE ONLY:
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION:
   
  United States
       
  5   SOLE VOTING POWER:
     
NUMBER OF   1,750,000
       
SHARES 6   SHARED VOTING POWER:
BENEFICIALLY    
OWNED BY   0
       
EACH 7   SOLE DISPOSITIVE POWER:
REPORTING    
PERSON   1,750,000
       
WITH: 8   SHARED DISPOSITIVE POWER:
     
    0
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
   
  1,750,000
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9):
   
  18.3%(1)
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS):
   
  IN
(1)   Based on 9,563,053 shares of the Issuer’s common stock outstanding as of October 29, 2021, as reported on the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 2, 2021.

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CUSIP NO. 453415309
  SCHEDULE 13G
     
Item 1(a).
  Name of issuer:
 
    
 
  Independence Contract Drilling, Inc.
 
    
Item 1(b).
  Address of Issuer’s principal executive offices:
 
    
 
  20475 State Highway 249, Suite 300 Houston, TX 77070
 
    
Item 2(a) — (c).
  Name, Address and Citizenship of Persons Filing:
 
    
 
  William Monroe
 
  c/o Higier Allen & Lautin, P.C.
 
  2711 N. Haskell Ave., Suite 2400
 
  Dallas, Texas 75204
 
    
 
  Mr. Monroe is a citizen of the United States of America
 
    
Item 2(d).
  Title of class of securities:
 
    
 
  Common Stock, $0.01 par value per share
 
    
Item 2(e).
  CUSIP No.:
 
  453415309
 
    
Item 3.
  If this statement is filed pursuant to Sections 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a:
         
(a)
  o   Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
 
        
(b)
  o   Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
 
        
(c)
  o   Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
 
        
(d)
  o   Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
 
        
(e)
  o   An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
 
        
(f)
  o   An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
         
(g)
  o   A parent holding company or control person in accordance with §240.13d-1(b)(ii)(G);
 
        
(h)
  o   A savings association as defined in section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
 
        
(i)
  o   A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
 
        
(j)
  o   Group, in accordance with §240.13d-1(b)(1)(ii)(J)
 
        
    Not applicable.

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CUSIP NO. 453415309
  SCHEDULE 13G
             
Item 4.   Ownership:    
 
            
    (a)   Amount beneficially owned: 1,750,000
 
            
    (b)   Percent of class: 18.3%
 
            
    (c)   Number of shares as to which such person has:
 
            
 
      (i)   sole power to vote or to direct the vote: 1,750,000
 
            
 
      (ii)   shared power to vote or to direct the vote: 0
 
            
 
      (iii)   sole power to dispose or to direct the disposition of: 1,750,000
 
            
 
      (iv)   shared power to dispose or to direct the disposition of: 0
     
Item 5.
  Ownership of five percent or less of a class:
 
    
 
  If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the
beneficial owner of more than five percent of the class of securities, check the following o.
 
    
Item 6.
  Ownership of more than five percent on behalf of another person:
 
    
 
  Not Applicable.
 
    
Item 7.
  Identification and classification of the subsidiary which acquired the security being reported on by the parent holding company or control person:
 
    
 
  Not Applicable.
 
    
Item 8.
  Identification and classification of members of the group:
 
    
 
  Not Applicable.
 
    
Item 9.
  Notice of dissolution of group:
 
    
 
  Not Applicable.
 
    
Item 10.
  Certifications:
 
    
 
  Not Applicable.
[Signature page follows]

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CUSIP NO. 453415309
  SCHEDULE 13G
SIGNATURE
     After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Dated: December 20, 2021
     
 
    
 
  /s/ William Monroe
 
   
 
  William Monroe
ATTENTION: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. § 1001)

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