Kevin S. Crutchfield - Dec 2, 2024 Form 4 Insider Report for Intrepid Potash, Inc. (IPI)

Role: Chief Executive Officer, Director
Signature: /s/ Christina Sheehan, as attorney-in-fact
Stock symbol: IPI
Transactions as of: Dec 2, 2024
Transactions value $: $0
Form type: 4
Date filed: 12/4/2024, 06:17 PM
Previous filing: Jan 19, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	IPI	Common Stock	Award	$0	+63.9K		$0.00	63.9K	Dec 2, 2024	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	IPI	Performance Restricted Stock Unit	Award	$0	+19.6K		$0.00	19.6K	Dec 2, 2024	Common Stock	19.6K		Direct	F2

* 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 that vests in three equal annual installments beginning on December 2, 2025, subject to the reporting person's continued employment with the issuer through each vesting date.
F2	Each Performance Restricted Stock Unit ("PSU") represents the contingent right to receive one share of the issuer's common stock upon satisfaction of the applicable vesting conditions. The PSUs are earned based on the achievement of certain levels of absolute total stockholder return (aTSR) prior to December 31, 2028. Earned PSUs are subject to additional time-based vesting in three equal installments on the first three anniversaries of the grant date. The PSUs are reported at the maximum level of aTSR achievement.

Content

Represents a grant of restricted stock that vests in three equal annual installments beginning on December 2, 2025, subject to the reporting person's continued employment with the issuer through each vesting date.

Each Performance Restricted Stock Unit ("PSU") represents the contingent right to receive one share of the issuer's common stock upon satisfaction of the applicable vesting conditions. The PSUs are earned based on the achievement of certain levels of absolute total stockholder return (aTSR) prior to December 31, 2028. Earned PSUs are subject to additional time-based vesting in three equal installments on the first three anniversaries of the grant date. The PSUs are reported at the maximum level of aTSR achievement.