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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1537028	Independence Contract Drilling Inc.	ICD	()	Z4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1303390	Sprott Resource Corp	Royal Bank Plaza, South Tower 200 Bay Street, Suite 2750, P.o. Box 90 Toronto A6 M5J 2J2		No	No	Yes	No
1616870	Partnership Resource Sprott	Royal Bank Plaza, South Tower 200 Bay Street, Suite 2750, P.o. Box 90 Toronto A6 M5J 2J2		No	No	Yes	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	2016-08-17	1,000,000	$4.50	3,525,000	No	4	S	Indirect	By Sprott Resource Partnership

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	By Sprott Resource Partnership

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	12,272	Indirect	See Footnotes

Footnotes

The reported securities are owned directly by Sprott Resource Partnership ("SRP"), which is controlled by Sprott Resource Corp. ("SRC"). SRC is an indirect beneficial owner of the reported securities.
The reporting person disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.
Represents Restricted Shares granted to Mr. Arthur Einav on August 20, 2014 that will vest ratably on each of the first three anniversaries of the date of grant. On August 19, 2015, Mr. Einav and SRP entered into an Investee Director Compensation Agreement pursuant to which the Restricted Shares are held by Mr. Einav for the benefit of SRP, which is controlled by SRC (Mr. Einav serves as as Managing Director, General Counsel and Corporate Secretary of SRC). Under the Investee Director Compensation Agreement, upon vesting, direct ownership of the Restricted Shares will be transferred to SRP and SRP will directly own such shares.