FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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OMB Number: 3235-0287
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                       
1. Name and Address of Reporting Person * CHOYCE PHILIP A 2. Issuer Name and Ticker or Trading Symbol Independence Contract Drilling, Inc. [ ICD ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
EXECUTIVE VP & CFO
(Last)          (First)          (Middle)
20475 HWY 249, SUITE 300		 3. Date of Earliest Transaction (MM/DD/YYYY)
2/10/2023
(Street)
HOUSTON, TX 77070
(City)        (State)        (Zip)
 4. If Amendment, Date Original Filed (MM/DD/YYYY)
 
 6. Individual or Joint/Group Filing (Check Applicable Line) _X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock  2/10/2023    M    1371  A  (1) 35489  D 
 
Common Stock  2/10/2023    M    4114  A  (2) 39603  D 
 

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Performance Unit   (1) 2/10/2023    M        2056    (1)  (1) Common Stock  2056   (1) 0  D 
 
Restricted Stock Unit   (3) 2/10/2023    A     36819       (3)  (3) Common Stock  265779   (3) 265779  D 
 
Phantom Stock Unit   (4) 2/10/2023    A     18410       (4)  (4) Common Stock  18410   (4) 20410  D 
 
Restricted Stock Unit   (2) 2/10/2023    M        4114    (2)  (2) Common Stock  4114   (2) 261665  D 
 
Phantom Stock Unit   (5) 2/10/2023    M        2057    (5)  (5) Common Stock  2057   (5) 18410  D 
 

Explanation of Responses:
(1)  Represents vesting of a performance award. Each performance right reprsented the right to receive a share of ICD common stock upon ICD achieving certain relative TSR rankings against a peer group. Performance rights were settled 2/3 in shares of common stock and 1/3 in cash.
(2)  Reporting person held an RSU granted on 2/10/20 that vested on 2/10/23. Each RSU was settled in shares of common stock.
(3)  Each RSU represents and contingent right to receive one share of ICD commons tock. The reporting person was granted an RSU that vests in three annual installments beginning 2/10/24.
(4)  Each phantom stock unit represents the economic equivalent on one share of ICD common stock. Each unit vests in three equal annual installments beginning February 10, 2024. Phantom stock units will be settled in cash.
(5)  Reporting person was granted a phantom stock unit on 2/10/20 that vested on 2/20/23. Each PSU is the equivalent of one share of ICD common stock. PSU's were settled in cash.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
CHOYCE PHILIP A
20475 HWY 249, SUITE 300
HOUSTON, TX 77070

EXECUTIVE VP & CFO

Signatures
/s/ Philip A. Choyce 2/14/2023
**Signature of Reporting Person Date
/s/ Philip A. Choyce 2/14/2023
**Signature of Reporting Person Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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