Intrepid Potash, Inc. 4
4 · Intrepid Potash, Inc. · Filed Feb 27, 2015
Insider Transaction Report
Form 4
Mansanti John G
Vice President of Operations
Transactions
- Exercise/Conversion
Common Stock
2015-02-25+1,247→ 67,539 total - Exercise/Conversion
Performance Units (Production)
2015-02-25−1,061→ 1,062 total→ Common Stock (832 underlying) - Exercise/Conversion
Performance Units (Production)
2015-02-25−679→ 0 total→ Common Stock (415 underlying) - Tax Payment
Common Stock
2015-02-25$14.28/sh−5,573$79,582→ 61,966 total - Award
Common Stock
2015-02-25+8,753→ 70,719 total
Footnotes (6)
- [F1]Represents shares issued in settlement of vested performance units (production).
- [F2]The disposition represents the net share settlement of shares for income tax purposes upon the vesting of previously awarded restricted stock and the vesting and settlement of previously awarded performance units (production).
- [F3]Represents a grant of restricted stock that will vest in three equal annual installments beginning on February 25, 2016, subject to the reporting person's continued employment with the company through the vesting date.
- [F4]Represents 40,742 unrestricted shares of common stock and 29,977 shares of restricted stock.
- [F5]Based on the company's actual production results in 2013 as compared to pre-established goals under the award, the compensation committee of the company's board of directors has certified that each performance unit (production) represents the right to receive 78.5% of a share of company common stock, subject to the award's vesting terms. The award was originally granted on February 25, 2013, and vests in three equal annual installments beginning on February 25, 2014, subject to the reporting person's continued employment with the company through the vesting date.
- [F6]Based on the company's actual production results in 2012 as compared to pre-established goals under the award, the compensation committee of the company's board of directors has certified that each performance unit (production) represents the right to receive 61.2% of a share of company common stock, subject to the award's vesting terms. The award was originally granted on March 5, 2012, and vested 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.