Intrepid Potash, Inc. — Director's Dealing 2010

Dec 21, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Intrepid Potash, Inc. (IPI)
CIK: 0001421461
Period of Report: 2010-12-17

Reporting Person: LITT MARTIN D (Executive VP & General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-12-17	Common Stock	M	2742	$20.80	Acquired	14895	Direct
2010-12-17	Common Stock	S	2742	$34.00	Disposed	12153	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-12-17	Employee Stock Option (right to purchase)	$20.80	M	2742	Disposed	2019-02-25	Common Stock (2742)	Direct

Footnotes

F1: The exercise of the stock option reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 3, 2010.

F2: Consists of 9,778 unvested, restricted shares and 5,117 vested, unrestricted shares.

F3: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 3, 2010.

F4: Consists of 9,778 unvested, restricted shares and 2,375 vested, unrestricted shares.