Intrepid Potash, Inc. — Director's Dealing 2011

Apr 27, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Intrepid Potash, Inc. (IPI)
CIK: 0001421461
Period of Report: 2011-04-25

Reporting Person: Jornayvaz Robert P III (Director, Exec. Chairman of Board, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-04-25	Common Stock	S	13100	$34.59	Disposed	11366100	Indirect
2011-04-26	Common Stock	S	20100	$34.40	Disposed	11346000	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	120	Indirect
Common Stock	25099	Direct

Footnotes

F1: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 sales plan adopted by the reporting person on March 29, 2011.

F2: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.26 to $34.91, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.

F3: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.25 to $34.61, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.

F4: The reporting person disclaims beneficial ownership of these shares.

F5: Represents 10,599 vested, unrestricted shares and 14,500 unvested, restricted shares.