LITT MARTIN D 4
4 · Intrepid Potash, Inc. · Filed Dec 26, 2012
Insider Transaction Report
Form 4
Litt Martin D
Executive VP/General Counsel
Transactions
- Tax Payment
Common Stock
2012-12-20$21.34/sh−1,335$28,489→ 32,451 total - Award
Common Stock
2012-12-20+12,886→ 33,786 total
Footnotes (3)
- [F1]The acquisition represents an award of restricted stock that vests in three equal installments on December 20, 2012, December 20, 2013, and December 20, 2014, subject to the reporting person's continued employment with the company through the vesting date. This award was granted to the reporting person in recognition of his work for the company relating to the issuance by the U.S. Department of the Interior of an updated Secretarial Order governing the administration of the federal mineral resources in the Secretary's Designated Potash Area.
- [F2]The disposition represents the net share settlement of shares for income tax purposes upon the first vesting date of the restricted stock award granted on December 20, 2012.
- [F3]The balance represents 11,109 unrestricted shares of common stock and 21,342 shares of restricted stock.