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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1537028	Independence Contract Drilling Inc.	ICD	Drilling Oil & Gas Wells (1381)	371653648

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1562099	Jr. A. John Gallegos	20475 State Highway 249 Suite 300 Houston TX 77070	President & Ceo	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2020-03-12	1,000	$3.09	25,576	No	4	S	Direct
Common Stock	Acquisiton	2020-03-13	1,000	$1.53	26,576	No	4	A	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct
No	4	A	Direct

Footnotes

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.