Robert P. Jornayvaz III - 23 Dec 2021 Form 4 Insider Report for Intrepid Potash, Inc. (IPI)

Role
Executive Chairman & CEO, Director, 10%+ Owner
Signature
/s/ Matthew D. Preston, as attorney-in-fact
Issuer symbol
IPI
Transactions as of
23 Dec 2021
Net transactions value
$0
Form type
4
Filing time
28 Dec 2021, 18:41:50 UTC
Previous filing
09 Jun 2021
Next filing
15 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IPI Common Stock Award $0 +43,839 +14% $0.000000 358,311 23 Dec 2021 Direct F1
transaction IPI Common Stock Award $0 +48,305 +13% $0.000000 406,616 23 Dec 2021 Direct F2
holding IPI Common Stock 1,720,923 23 Dec 2021 By Intrepid Production Corporation F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of restricted stock. The shares of restricted stock will vest in three equal installments on December 23, 2022, March 11, 2023 and March 11, 2024, subject, in each case, to the reporting person's continued service with the issuer through the vesting date.
F2 Represents a grant of performance-based restricted stock ("PSAs"), which PSAs will vest as set forth in Exhibit 99.The PSAs reported are at 150% of the target amount.
F3 Mr. Jornayvaz is the sole stockholder, sole director, and President of Intrepid Production Corporation.