SEC Form 4 · accession 0001140361-17-042218
Intrepid Potash, Inc. · IPI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James N Whyte
Officer — EVP
Period of report
Nov 8, 2017
Accepted (ET)
Nov 13, 2017 · 5:58 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 | Nov 8, 2017 | F | 13,775 | $3.91 | D | 360,903 | D | |
| Common Stock | Nov 9, 2017 | M | 57,500 | $1.03 | A | 418,403 | D | |
| Common StockF3 | Nov 9, 2017 | S | 86,796 | $3.84 | D | 331,607 | 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) | $1.03 | Nov 9, 2017 | M | 57,500 | D | Nov 8, 2017 | Nov 7, 2026 | Common Stock | 57,500 | 172,500 | D |
Explanation of responses
- F1The disposition represents the withholding of shares for income taxes due upon the vesting of previously awarded restricted stock.
- F2This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 14, 2017.
- F3The price reported in column 4 is a weighted-average price. The shares were sold in multiple transactions at prices ranging from $3.73 to $3.94, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.