Statement of Changes in Beneficial Ownership (4)
23 December 2022 - 9:01AM
Edgar (US Regulatory)
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
|
OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden hours per response...
0.5
|
|
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
*
MSD Partners, L.P. |
2. Issuer Name and Ticker or Trading Symbol
Independence Contract Drilling, Inc.
[
ICD
]
|
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director __X__ 10% Owner _____ Officer (give title below) _____ Other (specify below)
|
(Last)
(First)
(Middle)
ONE VANDERBILT AVENUE, 26TH FLOOR |
3. Date of Earliest Transaction
(MM/DD/YYYY)
12/20/2022 |
(Street)
NEW YORK, NY 10017
(City)
(State)
(Zip)
|
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line)
___ Form filed by One Reporting Person
_
X
_ 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 | 12/20/2022 | | S | | 12298 | D | $3.01 | 1942496 | I | See footnotes (1)(2) |
Common Stock | 12/21/2022 | | S | | 7660 | D | $3.02 | 1934836 | I | See footnotes (1)(2) |
Common Stock | 12/21/2022 | | S | | 233836 | D | $2.96 | 1701000 | I | See footnotes (1)(2) |
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 |
Explanation of Responses: |
(1) | This statement is jointly filed by and on behalf of each of MSD Partners, L.P. ("MSD Partners"), MSD Credit Opportunity Master Fund, L.P. ("Master Fund"), MSD PCOF Partners LXXIII, LLC ("MSD PCOF Partners"), and MSD PRIVATE CREDIT OPPORTUNITY (NON-ECI) FUND, LLC ("MSD Private Credit Opportunity Fund"). Master Fund, MSD PCOF Partners, and MSD Private Credit Opportunity Fund are the record and direct beneficial owners of the securities reported herein. MSD Partners is the investment manager of each of Master Fund, MSD PCOF Partners and MSD Private Credit Opportunity Fund and may be deemed to beneficially own securities owned by Master Fund, MSD PCOF Partners and MSD Private Credit Opportunity Fund. [Cont'd] |
(2) | [Continuation] MSD Partners (GP), LLC ("MSD GP") is the general partner of MSD Partners and may be deemed to beneficially own securities owned by MSD Partners. Each of Gregg R. Lemkau, Marc R. Lisker and Brendan Rogers is a manager of MSD GP and may be deemed to beneficially own securities owned by MSD GP. Each of Messrs. Lemkau, Lisker and Rogers disclaims beneficial ownership of such securities except to the extent of any pecuniary interest therein. Christopher Gleysteen, who is a principal of MSD Partners, was appointed to the Issuer's board of directors. |
Reporting Owners
|
Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
MSD Partners, L.P. ONE VANDERBILT AVENUE, 26TH FLOOR NEW YORK, NY 10017 | X | X |
|
|
MSD Credit Opportunity Master Fund, L.P. ONE VANDERBILT AVENUE, 26TH FLOOR NEW YORK, NY | X | X |
|
|
MSD PCOF Partners LXXIII, LLC ONE VANDERBILT AVENUE, 26TH FLOOR NEW YORK, NY 10017 | X | X |
|
|
MSD PRIVATE CREDIT OPPORTUNITY (NON-ECI) FUND, LLC ONE VANDERBILT AVENUE, 26TH FLOOR NEW YORK, NY 10022 | X | X |
|
|
Signatures
|
MSD PARTNERS, L.P., By: MSD Partners (GP), LLC Its: General Partner, By: /s/ Marc R. Lisker, Name: Marc R. Lisker, Title: Manager | | 12/22/2022 |
**Signature of Reporting Person | Date |
MSD CREDIT OPPORTUNITY MASTER FUND, L.P., By: MSD Partners, L.P., Its: Manager, By: MSDPartners (GP), LLC, Its: General Partner, By: /s/ Marc R. Lisker, Name: Marc R. Lisker, Title: Manager | | 12/22/2022 |
**Signature of Reporting Person | Date |
MSD PCOF Partner LXXIII, LLC, By: MSD Partners, L.P., Its: Manager, By: MSD Partners (GP), LLC, Its: General Partner, By: /s/ Marc R. Lisker, Name: Marc R. Lisker, Title: Manager | | 12/22/2022 |
**Signature of Reporting Person | Date |
MSD PRIVATE CREDIT OPPORTUNITY (NON-ECI) FUND, LLC, By: MSD Partners, L.P., Its: General Partner, By: /s/ Marc R. Lisker, Name: Marc R. Lisker, Title: Manager | | 12/22/2022 |
**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. |
Independence Contract Dr... (NYSE:ICD)
Historical Stock Chart
From Dec 2024 to Jan 2025
Independence Contract Dr... (NYSE:ICD)
Historical Stock Chart
From Jan 2024 to Jan 2025