Robert P. Jornayvaz III - 17 Mar 2022 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
17 Mar 2022
Net transactions value
$0
Form type
4
Filing time
21 Mar 2022, 20:27:19 UTC
Previous filing
15 Mar 2022
Next filing
04 Apr 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 +37,528 +9.5% $0.000000 431,554 17 Mar 2022 Direct F1
transaction IPI Common Stock Award $0 +23,518 +5.4% $0.000000 455,072 17 Mar 2022 Direct F2
holding IPI Common Stock 1,720,923 17 Mar 2022 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 annual installments beginning on March 17, 2023, subject to the reporting person's continued employment 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 99.1. 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.