SEC Form 4 · accession 0001140361-16-067378
Intrepid Potash, Inc. · IPI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
J Landis Martin
Director
Period of report
May 24, 2016
Accepted (ET)
May 26, 2016 · 5:12 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 | 127,929 | $0.00 | A | 144,777 | D | |
| Common StockF3 | holding | — | — | — | 83,709 | I | By Martin Enterprises LLC |
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 16,848 unrestricted shares of common stock and 127,929 shares of restricted stock.
- F3Mr. Martin is the sole manager, and Mr. Martin and trusts (of which Mr. Martin is the sole trustee) formed solely for the benefit of his children are the sole members, of Martin Enterprises LLC.