Robert P. Jornayvaz III - Mar 17, 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
Stock symbol
IPI
Transactions as of
Mar 17, 2022
Transactions value $
$0
Form type
4
Date filed
3/21/2022, 08:27 PM
Previous filing
Mar 15, 2022
Next filing
Apr 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IPI Common Stock Award $0 +37.5K +9.52% $0.00 432K Mar 17, 2022 Direct F1
transaction IPI Common Stock Award $0 +23.5K +5.45% $0.00 455K Mar 17, 2022 Direct F2
holding IPI Common Stock 1.72M Mar 17, 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.