# EDGAR Filing Document

**Accession Number:** 0001432536
**File Stem:** 0001432536-25-000009
**Filing Date:** 2025-6
**Character Count:** 19891
**Document Hash:** bd245ead6f25399741b5bf168ba01cd9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001432536-25-000009.hdr.sgml**: 20250606

**ACCESSION NUMBER**: 0001432536-25-000009

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13D/A

**PUBLIC DOCUMENT COUNT**: 3

**FILED AS OF DATE**: 20250606

**DATE AS OF CHANGE**: 20250606

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Intrepid Potash, Inc.
- **CENTRAL INDEX KEY:** 0001421461
- **STANDARD INDUSTRIAL CLASSIFICATION:** MINING, QUARRYING OF NONMETALLIC MINERALS (NO FUELS) [1400]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 261501877
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-83993
- **FILM NUMBER:** 251031408

**BUSINESS ADDRESS:**
- **STREET 1:** 707 17TH STREET
- **STREET 2:** SUITE 4200
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80202
- **BUSINESS PHONE:** 303-296-3006

**MAIL ADDRESS:**
- **STREET 1:** 707 17TH STREET
- **STREET 2:** SUITE 4200
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80202
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** INTREPID PRODUCTION CORP
- **CENTRAL INDEX KEY:** 0001432536

**ORGANIZATION NAME:**
- **EIN:** 841151678
- **STATE OF INCORPORATION:** CO
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A

**BUSINESS ADDRESS:**
- **STREET 1:** 707 17TH STREET, SUITE 4200
- **STREET 2:** SUITE 4200
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80202
- **BUSINESS PHONE:** (303) 296-3006

**MAIL ADDRESS:**
- **STREET 1:** 707 17TH STREET, SUITE 4200
- **STREET 2:** SUITE 4200
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80202

### Attached PDF Documents

**Attachment 1:** `LimitedPowerofAttorneyRPJ.pdf`

# LIMITED POWER OF ATTORNEY

The undersigned (the “Reporting Person”), constitutes and appoints Karen L. Witt, Frederick J. Baumann, and Gregory R. Gerbus, each of the law firm of Lewis Roca Rothgerber Christie LLP, signing singly (each, an “Attorney-in-Fact”), as the Reporting Person’s true and lawful agent and attorney-in-fact to:

(a) complete, execute and file for and on behalf of the Reporting Person, in the Reporting Person’s capacity as a beneficial owner of the securities of Intrepid Potash, Inc., a Delaware corporation (“Intrepid Potash”), any forms, certificates, notices, or other documents that are necessary or appropriate pursuant to federal or state securities laws relating to the securities of Intrepid Potash beneficially owned by the Reporting Person, including but not limited to any (i) forms for receiving the Reporting Person’s Central Index Key (CIK) numbers and Edgar access codes or the electronic filings of the Securities and Exchange Commission (“SEC”), (ii) any forms required to be filed with the SEC under Section 13 or Section 16 of the Securities Exchange Act of 1934, as amended (“Exchange Act”), and (iii) any Form 144 required to be filed by the Reporting Person with the SEC pursuant to Rule 144 of the Securities Act of 1933, as amended (“Securities Act”), along with any amendments, supplements or exhibits to such forms required to be filed by the Reporting Person; and

(b) take any other action in connection with the foregoing that, in the opinion of the Attorney-in-Fact, may be of benefit to, in the best interest of or legally required by the Reporting Person.

The Reporting Person grants to the Attorney-in-Fact full power and authority to do and perform any act, necessary or proper to be done in the exercise of any of the rights and powers herein granted as the Reporting Person might or could do if personally present, with full power of substitution or revocation, ratifying and confirming all that the Attorney-in-Fact may lawfully do or cause to be done by virtue of this Limited Power of Attorney and the rights and powers herein granted.

The Reporting Person understands that compliance with the requirements of Section 13 and Section 16(a) of the Exchange Act and the Securities Act, and the rules promulgated by the SEC thereunder, is the responsibility of the Reporting Person and that Attorneys-in-Fact have agreed to assist the Reporting Person with filing the reports the Reporting Person is required to submit under the Exchange Act and the Securities Act solely as an accommodation to assist the Reporting Person in complying with this responsibility.

In consideration of the Attorney-in-Fact acting on the Reporting Person’s behalf pursuant to this Limited Power of Attorney, the Reporting Person agrees to indemnify and hold each Attorney-in-Fact, and each of their respective heirs, executors, legal representatives, successors, and assigns harmless from and against any and all losses, claims, causes of action, damages, fines, defense costs, amounts paid in settlement, liabilities and expenses, including reasonable attorneys’ fees and expenses (collectively, “Losses”), relating to or arising out of the exercise of this Limited Power of Attorney by the Attorney-in-Fact, and will reimburse each such indemnified person for all Losses as they are incurred by such indemnified person in connection with any pending or threatened claim, action, suit proceedings or investigation with which such indemnified person is or is threatened to be made a party.

This Limited Power of Attorney will remain in full force and effect until the Reporting Person is no longer required to file make filings with the SEC with respect to the holdings of and transactions in securities issued by Intrepid Potash pursuant to the Exchange Act or the Securities Act, unless earlier revoked by the Reporting Person in a signed writing delivered to each Attorney-in-Fact.

[Signature page follows]

126954690.1

IN WITNESS WHEREOF, the Reporting Person has caused this Limited Power of Attorney to be executed as of this 20th day of December, 2024.

LOUISA CRAFT JORNAYVAZ, AS GUARDIAN AND CONSERVATOR FOR ROBERT P. JORNAYVAZ III

![img-0.jpeg](img-0.jpeg)

126954690.1

**Attachment 2:** `ExecutedPOAIPC.pdf`

# LIMITED POWER OF ATTORNEY

The undersigned (the “Reporting Person”), in her capacity as President/Secretary/Treasurer of Intrepid Production Corporation, a Colorado corporation (the “Company”), constitutes and appoints the law firm of Womble Bond Dickinson (US) LLP and its attorneys including, but not limited to, Karen L. Witt, Frederick J. Baumann, and Gregory R. Gerbus, signing singly (each, an “Attorney-in-Fact”), as the Reporting Person’s true and lawful agent and attorney-in-fact to:

(a) complete, execute and file for and on behalf of the Reporting Person, in the Reporting Person’s capacity as an officer or director of the Company, any forms, certificates, notices, or other documents that are necessary or appropriate pursuant to federal or state securities laws relating to the securities of Intrepid Potash, Inc., a Delaware corporation (“Intrepid Potash”), beneficially owned by the Company, including but not limited to any (i) forms related to the Company’s Central Index Key (CIK), passphrases, CIK Confirmation Codes, Password Modification Authorization Codes, contact email address on record with Edgar and Edgar access codes, or other electronic filings with the Securities and Exchange Commission (“SEC”), (ii) any forms required to be filed with the SEC under Section 13 or Section 16 of the Securities Exchange Act of 1934, as amended (“Exchange Act”), and (iii) any Form 144 required to be filed by the Company with the SEC pursuant to Rule 144 of the Securities Act of 1933, as amended (“Securities Act”), along with any amendments, supplements or exhibits to such forms required to be filed by the Company or Reporting Person;

(b) request and facilitate approval of any new passphrases, passwords, CIK Confirmation Code, or any other SEC or EDGAR database requirements needed to enter and file forms with the SEC; and

(c) take any other action in connection with the foregoing that, in the opinion of the Attorney-in-Fact, may be of benefit to, in the best interest of or legally required by the Company or the Reporting Person.

The Reporting Person grants to the Attorney-in-Fact full power and authority to do and perform any act, necessary or proper to be done in the exercise of any of the rights and powers herein granted as the Reporting Person might or could do if personally present, with full power of substitution or revocation, ratifying and confirming all that the Attorney-in-Fact may lawfully do or cause to be done by virtue of this Limited Power of Attorney and the rights and powers herein granted.

The Reporting Person understands that compliance with the requirements of Section 13 and Section 16(a) of the Exchange Act and the Securities Act, and the rules promulgated by the SEC thereunder, is the responsibility of the Reporting Person as an officer or director of the Company and that the Company and the Attorney-in-Fact have agreed to assist the Reporting Person with filing the reports the Company is required to submit under the Exchange Act and the Securities Act solely as an accommodation to assist the Reporting Person in complying with this responsibility.

In consideration of the Attorney-in-Fact acting on the Reporting Person’s behalf pursuant to this Limited Power of Attorney, the Reporting Person and the Company agree to indemnify and hold each Attorney-in-Fact, and each of their respective heirs, executors, legal representatives, successors, and assigns harmless from and against any and all losses, claims, causes of action, damages, fines, defense costs, amounts paid in settlement, liabilities and expenses, including reasonable attorneys’ fees and expenses (collectively, “Losses”), relating to or arising out of the exercise of this Limited Power of Attorney by the Attorney-in-Fact, and will reimburse each such indemnified person for all Losses as they are incurred by such indemnified person in connection with any pending or threatened claim, action, suit proceedings or investigation with which such indemnified person is or is threatened to be made a party.

This Limited Power of Attorney will remain in full force and effect until the Company and the Reporting Person are no longer required to file make filings with the SEC with respect to the Company’s holdings of and transactions in securities issued by Intrepid Potash pursuant to the Exchange Act or the Securities Act, unless earlier revoked by the Reporting Person in a signed writing delivered to each Attorney-in-Fact.

[Signature page follows]

127272442.1

IN WITNESS WHEREOF, the Reporting Person has caused this Limited Power of Attorney to be executed as of this 13th day of February, 2025.

Intrepid Production Corporation,
a Colorado corporation

By: ![img-0.jpeg](img-0.jpeg)
Name: Louisa Craft Jornayvaz
Title: President/Secretary/Treasurer

STATE OF COLORADO
) ss.
COUNTY OF ARAPAHOE
)

The foregoing Limited Power of Attorney was acknowledged before me this 13th day of February, 2025, by Louisa Craft Jornayvaz, as President/Secretary/Treasurer of Intrepid Production Corporation, a Colorado corporation.

WITNESS MY HAND AND OFFICIAL SEAL.

My Commission expires: 05/21/2028

[SEAL]

![img-1.jpeg](img-1.jpeg)
Notary Public

THOMAS AIDEN ANDERSON
NOTARY PUBLIC
STATE OF COLORADO
NOTARY ID 20244019438
MY COMMISSION EXPIRES 05/21/2028

127272442.1

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**(Amendment No. 13)**

**Intrepid Potash, Inc.**

*(Name of Issuer)*

**Common Stock, $0.001 par value**

*(Title of Class of Securities)*

**46121Y102**

*(CUSIP Number)*

**Karen L. Witt**<br>Womble Bond Dickinson LLP<br>1601 19th Street, Suite 1000<br>Denver CO 80111<br>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)*

| **CUSIP No.** | **46121Y102** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**INTREPID PRODUCTION CORP** | Name of reporting person<br>**INTREPID PRODUCTION CORP** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**COLORADO** | Citizenship or place of organization<br>**COLORADO** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**1015017.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**53035.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**1015017.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**53035.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**1335239.00** | Aggregate amount beneficially owned by each reporting person<br>**1335239.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**10.0%** | Percent of class represented by amount in Row (11)<br>**10.0%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**CO** | Type of Reporting Person (See Instructions)<br>**CO** | |

---

**Comment for Reporting Person:** Includes (i) 1,015,017 shares held by Intrepid Production Corporation of which Robert P. Jornayvaz III is the sole shareholder, (ii) 53,035 shares held jointly by Mr. Jornayvaz and his spouse, and (iii) 267,187 shares subject to stock options that are currently exercisable and were granted to Mr. Jornayvaz in connection with his previous employment by the Issuer. Based on 13,316,799 shares of Common Stock of the Issuer outstanding as of April 30, 2025.

| **CUSIP No.** | **46121Y102** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Jornayvaz Robert P III** | Name of reporting person<br>**Jornayvaz Robert P III** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**X1** | Citizenship or place of organization<br>**X1** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**1015017.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**53035.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**1015017.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**53035.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**1335239.00** | Aggregate amount beneficially owned by each reporting person<br>**1335239.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**10.0%** | Percent of class represented by amount in Row (11)<br>**10.0%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

**Comment for Reporting Person:** Includes (i) 1,105,017 shares held by Intrepid Production Corporation that are or may be deemed to be beneficially owned by Robert P. Jornayvaz III as the sole shareholder of Intrepid Production Corporation, (ii) 53,035 shares held jointly by Mr. Jornayvaz and his spouse and (iii) 267,187 shares subject to stock options that are currently exercisable and were granted to Mr. Jornayvaz in connection with his previous employment by the Issuer.  Based on 13,316,799 shares of Common Stock of the Issuer outstanding as of April 30, 2025.

**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, CO, 80202

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 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.

### 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.

**Reporting Person:** INTREPID PRODUCTION CORP

**Signature:** Karen L. Witt

**Name/Title:** Karen L. Witt as Attorney-in-Fact for Intrepid Production Corporation

**Date:** 06/06/2025

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.

**Reporting Person:** Jornayvaz Robert P III

**Signature:** Karen L. Witt

**Name/Title:** Karen L. Witt as Attorney-in-Fact for Robert P. Jornayvaz III

**Date:** 06/06/2025