SEC Form 4 · accession 0001140361-16-067376
Intrepid Potash, Inc. · IPI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Terry Considine
Director
Period of report
May 24, 2016
Accepted (ET)
May 26, 2016 · 5:11 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001421461
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | May 24, 2016 | A | 123,535 | $0.00 | A | 153,456 | D | |
| Common StockF3 | holding | — | — | — | 4,840 | I | By foundation | |
| Common Stock | holding | — | — | — | 4,840 | I | Through CIC Retirement Plan, a qualified retirement plan | |
| Common Stock | holding | — | — | — | 38,720 | I | Through Carbondale Corporation Retirement Plan, a qualified retirement plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents a grant of restricted stock to the reporting person as compensation for his services as a non-employee director. The restricted stock will vest in full on May 24, 2017, subject to the reporting person's continued service as a director.
- F2Represents 29,921 unrestricted shares of common stock and 123,535 shares of restricted stock.
- F3Shares are held by a non-profit foundation, a tax-exempt organization under Section 501(c)(3) of the Internal Revenue Code for which the reporting person disclaims any beneficial ownership and for which the reporting person has shared voting and investment power.