SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 |
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 13)*
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Intrepid Potash, Inc. (Name of Issuer) |
Common Stock, $0.001 par value (Title of Class of Securities) |
46121Y102 (CUSIP Number) |
Karen L. Witt Womble Bond Dickinson LLP, 1601 19th Street, Suite 1000 Denver, CO, 80111 303.628.9586 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) |
05/27/2025 (Date of Event Which Requires Filing of This Statement) |
SCHEDULE 13D
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CUSIP No. | 46121Y102 |
1 |
Name of reporting person
INTREPID PRODUCTION CORP | ||||||||
2 | Check the appropriate box if a member of a Group (See Instructions)
(a)
(b) | ||||||||
3 | SEC use only | ||||||||
4 |
Source of funds (See Instructions)
OO | ||||||||
5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
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6 | Citizenship or place of organization
COLORADO
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Number of Shares Beneficially Owned by Each Reporting Person With: |
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11 | Aggregate amount beneficially owned by each reporting person
1,335,239.00 | ||||||||
12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
| ||||||||
13 | Percent of class represented by amount in Row (11)
10.0 % | ||||||||
14 | Type of Reporting Person (See Instructions)
CO |
SCHEDULE 13D
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CUSIP No. | 46121Y102 |
1 |
Name of reporting person
Jornayvaz Robert P III | ||||||||
2 | Check the appropriate box if a member of a Group (See Instructions)
(a)
(b) | ||||||||
3 | SEC use only | ||||||||
4 |
Source of funds (See Instructions)
OO | ||||||||
5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
| ||||||||
6 | Citizenship or place of organization
UNITED STATES
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Number of Shares Beneficially Owned by Each Reporting Person With: |
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11 | Aggregate amount beneficially owned by each reporting person
1,335,239.00 | ||||||||
12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
| ||||||||
13 | Percent of class represented by amount in Row (11)
10.0 % | ||||||||
14 | Type of Reporting Person (See Instructions)
IN |
SCHEDULE 13D
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Item 1. | Security and Issuer | |
(a) | Title of Class of Securities:
Common Stock, $0.001 par value | |
(b) | Name of Issuer:
Intrepid Potash, Inc. | |
(c) | Address of Issuer's Principal Executive Offices:
707 17TH STREET, SUITE 4200, DENVER,
COLORADO
, 80202. | |
Item 1 Comment:
This Amendment No. 13 amends the statement on Schedule 13D filed on May 5, 2008, as amended on December 16, 2008, June 10, 2009, November 12, 2009, January 15, 2010, June 18, 2010, August 17, 2010, August 23, 2010, November 10, 2010, September 14, 2011, November 10, 2016, March 23, 2017, and May 22, 2019, by Intrepid Production Corporation, a Colorado corporation ("IPC"), and Robert P. Jornayvaz III ("RPJ"), with respect to the Common Stock, par value $0.001 per share (the "Common Stock"), of Intrepid Potash, Inc., a Delaware corporation (the "Issuer"). | ||
Item 2. | Identity and Background | |
(a) | Intrepid Production Corporation | |
(b) | 1312 17th St. PMB 2705, Denver, CO 80202 US | |
(d) | No | |
(e) | No | |
Item 4. | Purpose of Transaction | |
The Reporting Persons have sold shares of Common Stock. | ||
Item 5. | Interest in Securities of the Issuer | |
(a) | The Reporting Persons beneficially hold 1,335,239 shares of the Common Stock which represents 10.03% of the outstanding Common Stock as of April 30, 2025 (13,316,799 shares). | |
(b) | The responses of the Reporting Persons with regard to Items 7, 8, 9 and 10 of the cover pages to this Amendment No. 13 that relate to the number of shares of Common Stock as to which such Reporting Persons have sole power to vote or to direct the vote, sole power to dispose or to direct the disposition, or shared power to dispose or to direct the disposition are herein incorporated by reference. | |
(c) | The Reporting Persons have sold the following shares of Common Stock of the Issuer in the past 60 days in Rule 144 transactions:
On April 28, 2025, IPC sold 400 shares of Common Stock at an average price of $34.03 per share.
On May 6, 2025, IPC sold 59,701 shares of Common Stock at an average price of $37.66 per share.
On May 20, 2025, IPC sold 22,987 shares of Common Stock at an average price of $37.06 per share.
On May 21, 2025, IPC sold 1,288 shares of Common Stock at an average price of $37.05 per share.
On May 23, 2025, IPC sold 7 shares of Common stock at an average price of $37.00 per share.
On May 27, 2025, IPC sold 76 shares of Common Stock at an average price of $37.05 per share. | |
(d) | Robert P. Jornayvaz III is the sole shareholder of IPC. | |
Item 7. | Material to be Filed as Exhibits. | |
Exhibit 1 -- Limited Power of Attorney by Intrepid Production Corporation
Exhibit 2 -- Limited Power of Attorney by Robert P. Jornayvaz III |
SIGNATURE | |
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
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Comments accompanying signature:
Karen L. Witt is the Attorney-in-Fact for Intrepid Production Corporation and Robert P. Jornayvaz III pursuant to Limited Powers of Attorney attached as Exhibit 1 and Exhibit 2, respectively, and incorporated herein by reference. |