4//SEC Filing
LITT MARTIN D 4
Accession 0001140361-12-013901
CIK 0001421461other
Filed
Mar 6, 7:00 PM ET
Accepted
Mar 7, 5:06 PM ET
Size
10.9 KB
Accession
0001140361-12-013901
Insider Transaction Report
Form 4
Litt Martin D
Executive VP/General Counsel
Transactions
- Award
Common Stock
2012-03-05+8,695→ 21,095 total - Award
Performance Units (TSR)
2012-03-05+2,173→ 2,173 total→ Common Stock (2,173 underlying) - Award
Performance Units (Production)
2012-03-05+2,173→ 2,173 total→ Common Stock (2,173 underlying)
Footnotes (5)
- [F1]Represents a grant of restricted stock that will vest in three equal annual installments beginning on February 25, 2013, subject to the reporting person's continued employment with the company through the vesting date.
- [F2]Represents 7,718 unrestricted shares of common stock and 13,377 shares of restricted stock.
- [F3]Each performance unit initially represents a contingent right to receive one share of company common stock. The performance units will vest in three equal annual installments beginning on February 25, 2013, subject to the reporting person's continued employment with the company through the vesting date. Upon vesting, each performance unit will be settled in a number of shares of common stock ranging from 0% to 150% of the performance unit depending on the company's relative total shareholder return in 2012 as compared to a group of selected peer companies and an index. The performance units also vest in the event of a qualifying change of control and vest on a limited basis in the case of death or disability.
- [F4]Each performance unit initially represents a contingent right to receive one share of company common stock. The performance units will vest in three equal annual installments beginning on February 25, 2013, subject to the reporting person's continued employment with the company through the vesting date. Upon vesting, each performance unit will be settled in a number of shares of common stock ranging from 0% to 150% of the performance unit depending on the company's actual production results as compared to budget. The performance units also vest in the event of a qualifying change of control and vest on a limited basis in the case of death or disability.
- [F5]The performance units will be forfeited upon a termination of employment for any reason other than death and disability.
Documents
Issuer
Intrepid Potash, Inc.
CIK 0001421461
Entity typeother
Related Parties
1- filerCIK 0001439719
Filing Metadata
- Form type
- 4
- Filed
- Mar 6, 7:00 PM ET
- Accepted
- Mar 7, 5:06 PM ET
- Size
- 10.9 KB