Intrepid Potash,Inc. (NYSE:IPI) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Intrepid Potash,Inc. (NYSE:IPI) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Item 5.02 Departure of Directors or Certain Officers;
Election of Directors; Appointment of Certain Officers;
Compensatory Arrangements of Certain Officers

Intrepid Potash,Inc. (Intrepid, we, us, or our) held its 2017
annual meeting of stockholders on May31, 2017. At the annual
meeting, stockholders approved our Amended and Restated Equity
Incentive Plan (the EIP). Our Board of Directors (the Board)
approved the EIP on March22, 2017, subject to stockholder
approval at the annual meeting.

The EIP is designed to provide long-term equity incentives to
attract, retain, and motivate eligible employees, directors, and
consultants and to align their interests with those of our
stockholders. The EIP is designed with the flexibility to award
restricted stock, restricted stock units, performance awards,
incentive stock options, non-qualified stock options, stock
appreciation rights, cash-based awards, and other stock-based
awards to eligible individuals. The EIP includes the following
changes as compared to its previous version:

Authorizes an additional 4,652,599 new shares of common stock for
grant under the EIP, which when added to the shares available for
grant as of March22, 2017, authorizes a total of 5,000,000 shares
of common stock for grant under the EIP, less grants made after
March22, 2017, and prior to May31, 2017.

Extends the term of the EIP by one year to May31, 2027.

Provides that dividends and dividend equivalents may not be paid
on an unvested award unless and until the award vests.

Changes the share counting so that full value awards count
against the EIP limit by one share.

Adjusts the annual per-participant limits on certain types of
awards, such that no participant may be granted within any
calendar year one or more (a)options or stock appreciation rights
that in the aggregate are for more than 2,000,000 shares of stock
(or 2 times that limit in the case of a new hire or promotion);
and (b)awards of restricted stock and restricted stock units
subject to performance goals for more than an aggregate of
4,000,000 shares of stock.

Makes other minor administrative changes to the EIP.

A summary of the principal features of the EIP is included in our
definitive proxy statement for our 2017 annual meeting of
stockholders, as filed with the Securities and Exchange
Commission on April6, 2017, under the headings Proposal 5Approval
of Amended and Restated Equity Incentive Plan. The description
above is qualified in its entirety by reference to the full text
of the EIP, a copy of which is filed as Exhibit10.1 to this
report and incorporated by reference into this Item 5.02.

Item 5.07 Submission of Matters to a
Vote of Security Holders

We held our 2017 annual meeting of stockholders on May31, 2017.
There were 129,249,494 shares of common stock outstanding and
entitled to vote at the annual meeting. At the annual meeting,
stockholders present in person or by proxy voted on the following
matters:

1. Stockholders elected two ClassIII directors to our Board of
Directors to serve three-year terms expiring at our 2020 annual
meeting of stockholders, based on the following votes:

		RobertP.JornayvazIII		HughE.Harvey,Jr.
For		78,162,236		78,198,457
Against		2,559,311		2,520,440
Abstain		56,681		59,331
Broker Non-Votes		26,304,652		26,304,652

About Intrepid Potash, Inc. (NYSE:IPI)
Intrepid Potash, Inc. is a producer of muriate of potash (potassium chloride or potash) and langbeinite (sulfate of potash magnesia) in the United States, which it markets and sells as Trio. The Company operates in the extraction, production and sale of potassium-related products. Its products are potash and Trio. It sells potash into three markets, including the agricultural market as a fertilizer input; the industrial market as a component in drilling and fracturing fluids for oil and gas wells and an input to other industrial processes, and the animal feed market as a nutrient supplement. Trio, which it mines from langbeinite ore, is its specialty fertilizer that delivers potassium, sulfate and magnesium in a single particle and has low chloride. The Company also produces salt, magnesium chloride, metal recovery salts and brine containing salt and potassium from its mining processes. It produces potash from three solar evaporation solution mining facilities. Intrepid Potash, Inc. (NYSE:IPI) Recent Trading Information
Intrepid Potash, Inc. (NYSE:IPI) closed its last trading session up +0.13 at 2.27 with 1,419,735 shares trading hands.