SEC Form 4 · accession 0001140361-17-023877
Intrepid Potash, Inc. · IPI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey Blair
Officer — VP of Sales & Marketing
Period of report
Jun 4, 2017
Accepted (ET)
Jun 6, 2017 · 7:11 am 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 | Jun 4, 2017 | A | 17,467 | $0.00 | A | 172,564 | 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)F2 | $2.29 | Jun 4, 2017 | A | 27,397 | A | — | Jun 3, 2027 | Common Stock | 27,397 | 27,397 | D |
Explanation of responses
- F1Represents a grant of restricted stock that will vest in three equal annual installments beginning on June 4, 2018, subject to the reporting person's continued employment with the company through the vesting date.
- F2Represents a grant of non-qualified stock options that will vest in three equal annual installments beginning on June 4, 2018, subject to the reporting person's continued employment with the company through the vesting date.