Intrepid Potash, Inc. — Director's Dealing 2022

Apr 4, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Intrepid Potash, Inc. (IPI)
CIK: 0001421461
Period of Report: 2022-03-31

Reporting Person: Jornayvaz Robert P III (Director, Executive Chairman & CEO, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-03-31	Common Stock	A	31506	$0.00	Acquired	486578	Direct
2022-03-31	Common Stock	F	17363	$0.00	Disposed	469215	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1720923	Indirect

Footnotes

F1: The shares were issued pursuant to an award of performance-based restricted stock (PSAs) that was granted on June 8, 2020, which achieved the maximum amount of target on March 31, 2022, in accordance with Exhibit 99 hereto (shown on a pre-1-for-10-stock split basis). The PSAs were previously reported (on a pre-1-for-10-stock split basis) in a Form 4 filed on June 10, 2020 (the Prior Form 4). The amount reported in Table I of the Prior Form 4 reflected the shares that could be issued under the PSAs at the target award level (on a pre-1-for-10-stock split basis). The amount reported in this Form 4 represents the difference between the shares earned by the reporting person at the maximum award level (as disclosed (on a pre-1-for-10-stock split basis) in Exhibit 99 to the Prior Form 4 and (on a pre-1-for-10-stock split basis) in Exhibit 99 to this Form 4) and the target shares that were reported in Table I of the Prior Form 4 (on a pre-1-for-10-stock split basis).

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