SEC Form 4 · accession 0001701904-18-000005
Intrepid Potash, Inc. · IPI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Oct 17, 2018
Accepted (ET)
Oct 19, 2018 · 2:09 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,F3,F4 | Oct 17, 2018 | P | 306,467 | $3.5547 | A | 16,306,352 | I | By Saratoga Asset Management, S.A. |
| Common StockF1,F2,F3,F4 | Oct 18, 2018 | P | 200,000 | $3.6214 | A | 16,506,352 | I | By Saratoga Asset Management, S.A. |
| Common StockF1,F2,F3,F4 | Oct 19, 2018 | P | 110,000 | $3.6439 | A | 16,616,352 | I | By Saratoga Asset Management, S.A. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The total Common Stock shares are held directly by Saratoga Asset Management S.A., a wholly-owned subsidiary of Clearway Capital Management Ltd. Saratoga Asset Management S.A. acquired the total Common Stock shares through regular open-market transactions.
- F2This Form 4 is jointly filed by and on behalf of each of Clearway Capital Management Ltd. and Saratoga Asset Management S.A. under Exchange Act Rule 16a-3. Clearway Capital Management Ltd. is an Investment Fund organized and doing business under the laws of The Bahamas which wholly-owns Saratoga Asset Management S.A. which directly holds all of the Common Stock Shares of the Issuer being reported in this Form 4.
- F3Each of Clearway Capital Management Ltd. and Saratoga Asset Management S.A. disclaim the creation of any group by the filing of this Form 4.
- F4Each of Clearway Capital Management Ltd. and Saratoga Asset Management S.A. disclaim beneficial ownership of the securities indicated, and the reporting herein of such securities, shall not be construed as an admission that either of the undersigned is the beneficial owner thereof for purposes of Section 16 or for any other purpose.