SEC Form 4 · accession 0001140361-16-085848
Intrepid Potash, Inc. · IPI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Margaret McCandless
Officer — VP and General Counsel
Period of report
Nov 8, 2016
Accepted (ET)
Nov 10, 2016 · 4:37 pm EST
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 | Nov 8, 2016 | A | 165,145 | $0.00 | A | 176,615 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (option to purchase)F3 | $1.03 | Nov 8, 2016 | A | 140,000 | A | — | Nov 7, 2026 | Common Stock | 140,000 | 140,000 | D |
Explanation of responses
- F1Represents a grant of restricted stock that will vest in four equal annual installments beginning on November 8, 2017, subject to the reporting person's continued employment with the company through the vesting date.
- F2Represents 6,119 unrestricted shares of common stock and 170,496 shares of restricted stock.
- F3Represents a grant of non-qualified stock options that will vest in four equal annual installments beginning on November 8, 2017, subject to the reporting person's continued employment with the company through the vesting date.