ICDI board resignations of Gleysteen, Berman; Strom appointed independent director

Independence Contract Drilling, Inc.

Christopher G. Gleysteen and Brian D. Berman resigned from the board effective Sep 5, 2024, with no disagreements cited.
Gleysteen was MSD Partners appointee; Berman was Glendon Capital appointee under 2022 Investor Rights Agreement.
Board appointed Steven R. Strom as independent director effective Sep 6, 2024; he has 30+ years in investment banking.
Strom is CEO of Odinbrook Global Advisors; retainer of $25,000 per month for board service plus standard indemnification.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Steven R. Strom

Director

Independence Contract Drilling, Inc.

Effective: 2024-09-06
Filed: September 11, 2024, 7:59 PM ET

On September 6, 2024, the Board of Directors appointed Steven R. Strom to the Company’s Board of Directors as an independent director.

Departed

Brian D. Berman

Director

Independence Contract Drilling, Inc.

Effective: 2024-09-05
Filed: September 11, 2024, 7:59 PM ET

On September 5, 2024, each of Christopher G. Gleysteen and Brian D. Berman notified Independence Contract Drilling, Inc. (the “Company”) of their decision to resign effective September 5, 2024, from the Board of Directors.

Departed

Christopher G. Gleysteen

Director

Independence Contract Drilling, Inc.

Effective: 2024-09-05
Filed: September 11, 2024, 7:59 PM ET

On September 5, 2024, each of Christopher G. Gleysteen and Brian D. Berman notified Independence Contract Drilling, Inc. (the “Company”) of their decision to resign effective September 5, 2024, from the Board of Directors.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Steven R. Strom was appointed as Director at Independence Contract Drilling, Inc..

Action: appointed
Role: Director

Exact text from the filing

On September 6, 2024, the Board of Directors appointed Steven R. Strom to the Company’s Board of Directors as an independent director.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Brian D. Berman resigned as Director at Independence Contract Drilling, Inc..

Action: resigned
Role: Director

Exact text from the filing

On September 5, 2024, each of Christopher G. Gleysteen and Brian D. Berman notified Independence Contract Drilling, Inc. (the “Company”) of their decision to resign effective September 5, 2024, from the Board of Directors.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Christopher G. Gleysteen resigned as Director at Independence Contract Drilling, Inc..

Action: resigned
Role: Director

Exact text from the filing

On September 5, 2024, each of Christopher G. Gleysteen and Brian D. Berman notified Independence Contract Drilling, Inc. (the “Company”) of their decision to resign effective September 5, 2024, from the Board of Directors.

View on SEC.gov

Source: SEC EDGAR

accession 0001537028-24-000038

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