Christina Sheehan - 17 Mar 2023 Form 4 Insider Report for Intrepid Potash, Inc. (IPI)

Signature
/s/ Matthew D. Preston, as attorney-in-fact
Issuer symbol
IPI
Transactions as of
17 Mar 2023
Net transactions value
-$1,954
Form type
4
Filing time
21 Mar 2023, 20:58:04 UTC
Previous filing
06 Mar 2023
Next filing
19 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IPI Common Stock Tax liability $1,954 -75 -12% $26.05 571 17 Mar 2023 Direct F1
transaction IPI Common Stock Award $0 +7,878 +1380% $0.000000 8,449 17 Mar 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. 4,040 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 3,838 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.