Intrepid Potash, Inc. — Director's Dealing 2019

May 24, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Intrepid Potash, Inc. (IPI)
CIK: 0001421461
Period of Report: 2019-05-22

Reporting Person: Jornayvaz Robert P III (Director, Exec. Chair, President & CEO, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-05-20	Common Stock	L	500	$3.27	Acquired	18280570	Indirect
2019-05-22	Common Stock	A	882494	—	Acquired	2089144	Direct

Footnotes

F1: The price reported in column 4 is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $3.27 to $3.28, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this Form 4.

F2: Mr. Jornayvaz is the sole stockholder, sole director, and President of Intrepid Production Corporation.

F3: Represents a grant of restricted stock. 336,787 of the shares will vest in three equal installments on May 22, 2020, March 14, 2021, and March 14, 2022, subject in each case to the reporting person's continued service with the company through the vesting date. 545,707 of the shares will vest as set forth in Exhibit 99.