FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Jornayvaz Robert P III
2. Issuer Name and Ticker or Trading Symbol

Intrepid Potash, Inc. [ IPI ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    __X__ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Executive Chairman & CEO
(Last)          (First)          (Middle)

C/O INTREPID POTASH, INC., 1001 17TH STREET, SUITE 1050
3. Date of Earliest Transaction (MM/DD/YYYY)

3/31/2022
(Street)

DENVER, CO 80202
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 3/31/2022  A  31506 (1)A$0.00 486578 D  
Common Stock 3/31/2022  F  17363 D$0.00 469215 D  
Common Stock         1720923 I By Intrepid Production Corporation (2)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares

Explanation of Responses:
(1) The shares were issued pursuant to an award of performance-based restricted stock (PSAs) that was granted on June 8, 2020, which achieved the maximum amount of target on March 31, 2022, in accordance with Exhibit 99 hereto (shown on a pre-1-for-10-stock split basis). The PSAs were previously reported (on a pre-1-for-10-stock split basis) in a Form 4 filed on June 10, 2020 (the Prior Form 4). The amount reported in Table I of the Prior Form 4 reflected the shares that could be issued under the PSAs at the target award level (on a pre-1-for-10-stock split basis). The amount reported in this Form 4 represents the difference between the shares earned by the reporting person at the maximum award level (as disclosed (on a pre-1-for-10-stock split basis) in Exhibit 99 to the Prior Form 4 and (on a pre-1-for-10-stock split basis) in Exhibit 99 to this Form 4) and the target shares that were reported in Table I of the Prior Form 4 (on a pre-1-for-10-stock split basis).
(2) Mr. Jornayvaz is the sole stockholder, sole director, and President of Intrepid Production Corporation.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Jornayvaz Robert P III
C/O INTREPID POTASH, INC.
1001 17TH STREET, SUITE 1050
DENVER, CO 80202
XXExecutive Chairman & CEO

Signatures
/s/ Matthew D. Preston, as attorney-in-fact4/4/2022
**Signature of Reporting PersonDate


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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