Matthew D. Preston - Mar 17, 2023 Form 4 Insider Report for Intrepid Potash, Inc. (IPI)

Role: CFO
Signature: /s/ Matthew D. Preston
Stock symbol: IPI
Transactions as of: Mar 17, 2023
Transactions value $: -$18,548
Form type: 4
Date filed: 3/21/2023, 08:56 PM
Previous filing: Mar 14, 2023
Next filing: Dec 19, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	IPI	Common Stock	Tax liability	-$18.5K	-712	-7.6%	$26.05	8.65K	Mar 17, 2023	Direct	F1
transaction	IPI	Common Stock	Award	$0	+15.8K	+182.14%	$0.00	24.4K	Mar 17, 2023	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The disposition represents the withholding of shares for income taxes due upon the vesting of previously awarded restricted stock.
F2	Represents a grant of restricted stock. 8,080 of the shares will vest on March 17, 2024 (as to 33.333%), March 17, 2025 (as to 33.333%) and March 17, 2026 (as to 33.333%), if the issuer satisfies certain performance criteria for the relevant periods, subject to the reporting person's continued employment with the issuer through the vesting date. The remaining 7,677 of the shares will vest in three equal annual installments beginning on March 17, 2024, subject to the reporting person's continued employment with the issuer through the vesting date.

Content

The disposition represents the withholding of shares for income taxes due upon the vesting of previously awarded restricted stock.

Represents a grant of restricted stock. 8,080 of the shares will vest on March 17, 2024 (as to 33.333%), March 17, 2025 (as to 33.333%) and March 17, 2026 (as to 33.333%), if the issuer satisfies certain performance criteria for the relevant periods, subject to the reporting person's continued employment with the issuer through the vesting date. The remaining 7,677 of the shares will vest in three equal annual installments beginning on March 17, 2024, subject to the reporting person's continued employment with the issuer through the vesting date.