Robert E. Baldridge - 17 Mar 2022 Form 4 Insider Report for Intrepid Potash, Inc. (IPI)

Role
SVP - New Mexico
Signature
/s/ Matthew D. Preston, as attorney-in-fact
Issuer symbol
IPI
Transactions as of
17 Mar 2022
Net transactions value
-$1,037,310
Form type
4
Filing time
21 Mar 2022, 20:25:45 UTC
Previous filing
29 Sep 2021
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 +1,711 +12% $0.000000 16,204 17 Mar 2022 Direct F1
transaction IPI Common Stock Options Exercise $3,461 +3,360 +21% $1.03* 19,564 18 Mar 2022 Direct
transaction IPI Common Stock Sale $1,040,771 -16,039 -82% $64.89 3,525 18 Mar 2022 Direct

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 Employee Stock Option (option to purchase) Options Exercise $0 -3,360 -100% $0.000000* 0 18 Mar 2022 Common Stock 3,360 $1.03 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. 882 of the shares will vest on March 17, 2023 (as to 33.333%), March 17, 2024 (as to 33.333%) and March 17, 2025 (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 829 of the shares 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 The option is vested and exercisable.