DOCSLIB.ORG

Intrepid Potash, Inc. (IPI)

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Intrepid Potash, Inc. (IPI) Intrepid Potash, Inc. (IPI) 10-K Annual report pursuant to section 13 and 15(d) Filed on 02/24/2011 Filed Period 12/31/2010 Use these links to rapidly review the document TABLE OF CONTENTS Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ý Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended December 31, 2010 or o Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission File Number: 001-34025 INTREPID POTASH, INC. (Exact Name of Registrant as Specified in its Charter) Delaware 26-1501877 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 707 17th Street, Suite 4200, Denver, Colorado 80202 (Address of principal executive offices) (Zip Code) (303) 296-3006 (Registrant's telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Title of each class Name of each exchange on which registered Common Stock, par value $0.001 per share New York Stock Exchange Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ý No o Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Act. Yes o No ý Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ý No o Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files.) Yes ý No o Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part III of the Form 10-K or any amendment to this Form 10-K. o Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of "large accelerated filer," "accelerated filer" and "smaller reporting company" in Rule 12b-2 of the Exchange Act. Large accelerated filer ý Accelerated filer o Non-accelerated filer o Smaller reporting company o (Do not check if a smaller reporting company) Indicate by check mark whether the registrant is a shell company (as defined by Rule 12b-2 of the Exchange Act). Yes o No ý The aggregate market value of 45,612,912 shares of voting stock held by non-affiliates of the registrant, based upon the closing sale price of the common stock on June 30, 2010, the last business day of the registrant's most recently completed second fiscal quarter, of $19.57 per share as reported on the New York Stock Exchange was $892,644,688. Shares of common stock held by each director and executive officer and by each person who owns 10 percent or more of the outstanding common stock or who is otherwise believed by the registrant to be in a control position have been excluded. This determination of affiliate status is not necessarily a conclusive determination for other purposes. As of February 15, 2011, the registrant had 75,126,589 shares of common stock, par value $0.001, outstanding. DOCUMENTS INCORPORATED BY REFERENCE Certain information required by Items 10, 11, 12, 13 and 14 of Part III is incorporated by reference from portions of the registrant's definitive proxy statement relating to its 2011 annual meeting of stockholders to be filed within 120 days after December 31, 2010. Table of Contents INTREPID POTASH, INC. TABLE OF CONTENTS Page PART I 1 Cautionary Note Regarding Forward-Looking Statements 1 Item 1. Business 2 General 2 Company History 2 Our Products and Markets 3 Industry Overview 4 Competition 7 Strategy 7 Competitive Strengths 8 International Marketing and Distribution 10 Major Customers 10 Environmental, Health and Safety Matters 11 Product Registration Requirements 11 Operating Requirements and Government Regulations 12 Reclamation Obligations 14 Taxes and Insurance 14 Seasonality 15 Employees 15 Available Information 16 Glossary of Terms 16 Executive Officers of the Registrant 18 Item 1A. Risk Factors 20 Item 1B. Unresolved Staff Comments 35 Item 2. Properties 35 Properties 35 Proven and Probable Reserves 40 Production 42 Item 3. Legal Proceedings 45 Item 4. [Removed and Reserved] 45 PART II 46 Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities 46 Item 6. Selected Financial Data 49 Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations 50 Overview 50 Recent Events and Market Trends 52 Outlook for 2011 62 Liquidity and Capital Resources 64 Results of Operations for the Years ended December 31, 2010, and 2009 69 Results of Operations for the Year ended December 31, 2009, and Pro Forma Results of Operations for the Year ended December 31, 2008 70 Critical Accounting Policies and Estimates 73 Item 7A. Quantitative and Qualitative Disclosures About Market Risk 77 Item 8. Financial Statements and Supplementary Data 78 Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure 78 i Table of Contents Page Item 9A. Controls and Procedures 78 Item 9B. Other Information 79 PART III 82 Item 10. Directors, Executive Officers and Corporate Governance 82 Item 11. Executive Compensation 82 Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters 82 Item 13. Certain Relationships and Related Transactions, and Director Independence 82 Item 14. Principal Accounting Fees and Services 82 PART IV 83 Item 15. Exhibits, Financial Statement Schedules 83 Signatures 87 Exhibits ii Table of Contents PART I Unless expressly stated otherwise or the context otherwise requires, when we use "Intrepid," "our," "we" or "us" throughout this Annual Report on Form 10-K, we are referring to Intrepid Potash, Inc. and its consolidated subsidiaries. References to "Mining" are to Intrepid Mining LLC. References to "Moab," "NM," and "Wendover" are to Intrepid Potash—Moab, LLC, Intrepid Potash—New Mexico, LLC, and Intrepid Potash—Wendover, LLC, respectively, our principal operating subsidiaries. References to "West," "East," "North," and "HB" refer to our mines, facilities, and mills near Carlsbad, New Mexico. Unless expressly stated otherwise or the context otherwise requires, references to "tons" refer to short tons. One short ton equals 2,000 pounds. One metric tonne, which many of our international competitors use, equals 1,000 kilograms or 2,205 pounds. We have included technical terms important to an understanding of our business under "Glossary of Terms." CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This Annual Report on Form 10-K contains forward-looking statements within the meaning of the Securities Exchange Act of 1934, as amended (the "Exchange Act") and the Securities Act of 1933, as amended (the "Securities Act"), which are subject to risks, uncertainties and assumptions that are difficult to predict. All statements in this Annual Report on Form 10-K, other than statements of historical fact, are forward-looking statements. These forward-looking statements are made pursuant to safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements include statements, among other things, concerning our business strategy, including anticipated trends and developments in and management plans for our business and the markets in which we operate; future financial results, operating results, revenues, gross margin, cost of goods sold, operating expenses, products, projected costs and capital expenditures; sales; and competition. In some cases, you can identify these statements by forward-looking words, such as "estimate," "expect," "anticipate," "project," "plan," "intend," "believe," "forecast," "foresee," "likely," "may," "should," "goal," "target," "might," "will," "could," "predict" and "continue," the negative or plural of these words and other comparable terminology. Forward-looking statements are only predictions based on our current expectations and our projections about future events. All forward-looking statements included in this Annual Report on Form 10-K are based upon information available to us as of the filing date of this Annual Report on Form 10-K. You should not place undue reliance on these forward- looking statements. We undertake no obligation to update any of these forward-looking statements, except as required by law. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to differ materially from those expressed or implied by these statements. These risks and uncertainties include changes in the price of potash or Trio®; operational difficulties at
Load more

Recommended publications
  • Preliminary Final
    BLM HB In-Situ Solution Mine Project Record of Decision Carlsbad Field Office , New Mexico March 2012 DOI-BLM-NM-P020-2011-498-EIS BLM Mission Statement The Bureau of Land Management is responsible for stewardship of our public lands. The BLM is committed to manage, protect and improve these lands in a manner to serve the needs of the American people. Management is based upon the principles of multiple use and sustained yield of our nation's resources within a framework of environmental responsibility and scientific technology. These resources include recreation, rangelands, timber, minerals, watershed, fish and wildlife habitat, wilderness, air and scenic quality, as well as scientific and cultural values. Cover photo captions: • Top photo: View from Tower Hill looking north to the location of proposed evaporation ponds. • Lower left: Harvesting potash precipitated from evaporation ponds. Courtesy of Intrepid Potash. • Lower right: Ore pillar crushing out after second mining completed. Ore in the crushed out pillar is the primary ore target for the solution mine. Courtesy of Intrepid Potash. HB In-Situ Solution Mine Project Record of Decision BLM Carlsbad Acronyms and Abbreviations BLM Bureau of Land Management CFR Code of Federal Regulations EIS Environmental Impact Statement FLPMA Federal Land Policy and Management Act of 1976 Intrepid Intrepid Potash, Inc. MLA Mineral Leasing Act of 1920, as amended NEPA National Environmental Policy Act NMED New Mexico Environment Department NOA Notice of Availability OHV off-highway vehicle RMP Resource Management Plan ROW right-of-way SPA Secretary’s Potash Area USC United States Code USFWS U.S. Fish and Wildlife Service AA-1 HB In-Situ Solution Mine Project Record of Decision BLM Carlsbad Contents 1.0 Introduction ................................................................................................................................................
    [Show full text]
  • Mining Methods for Potash
    Potash—A Vital Agricultural Nutrient Sourced from Geologic Deposits Open File Report 2016–1167 U.S. Department of the Interior U.S. Geological Survey Cover. Photos of underground mining operations, Carlsbad, New Mexico, Intrepid Potash Company, Carlsbad West Mine. Potash—A Vital Agricultural Nutrient Sourced from Geologic Deposits By Douglas B. Yager Open File Report 2016–1167 U.S. Department of the Interior U.S. Geological Survey U.S. Department of the Interior SALLY JEWELL, Secretary U.S. Geological Survey Suzette M. Kimball, Director U.S. Geological Survey, Reston, Virginia: 2016 For more information on the USGS—the Federal source for science about the Earth, its natural and living resources, natural hazards, and the environment—visit http://www.usgs.gov or call 1–888–ASK–USGS. For an overview of USGS information products, including maps, imagery, and publications, visit http://store.usgs.gov/. Any use of trade, firm, or product names is for descriptive purposes only and does not imply endorsement by the U.S. Government. Although this information product, for the most part, is in the public domain, it also may contain copyrighted materials as noted in the text. Permission to reproduce copyrighted items must be secured from the copyright owner. Suggested citation: Yager, D.B., 2016, Potash—A vital agricultural nutrient sourced from geologic deposits: U.S. Geological Survey Open- File Report 2016–1167, 28 p., https://doi.org/10.3133/ofr20161167. ISSN 0196-1497 (print) ISSN 2331-1258 (online) ISBN 978-1-4113-4101-2 iii Acknowledgments The author wishes to thank Joseph Havasi of Compass Minerals for a surface tour of their Great Salt Lake operations.
    [Show full text]
  • Knowledge, Norms and Preferences for Tamarisk Management in the Green and Colorado River Corridors of the Colorado Plateau
    Utah State University DigitalCommons@USU All Graduate Theses and Dissertations Graduate Studies 5-2012 Knowledge, Norms and Preferences for Tamarisk Management in the Green and Colorado River Corridors of the Colorado Plateau E. Clay Allred Utah State University Follow this and additional works at: https://digitalcommons.usu.edu/etd Part of the Finance and Financial Management Commons Recommended Citation Allred, E. Clay, "Knowledge, Norms and Preferences for Tamarisk Management in the Green and Colorado River Corridors of the Colorado Plateau" (2012). All Graduate Theses and Dissertations. 1224. https://digitalcommons.usu.edu/etd/1224 This Thesis is brought to you for free and open access by the Graduate Studies at DigitalCommons@USU. It has been accepted for inclusion in All Graduate Theses and Dissertations by an authorized administrator of DigitalCommons@USU. For more information, please contact [email protected]. KNOWLEDGE, NORMS AND PREFERENCES FOR TAMARISK MANAGEMENT IN THE GREEN AND COLORADO RIVER CORRIDORS OF THE COLORADO PLATEAU by E. Clay Allred A thesis submitted in partial fulfillment of the requirements for the degree of MASTER OF SCIENCE in Recreation Resource Management Approved: ____________________ ____________________ Dr. Robyn L. Ceurvorst Dr. Mark W. Brunson Major Professor Committee Member ___________________ ____________________ Dr. Mark E. Miller Dr. Mark L. McLellan Committee Member Vice President of Research and Dean of the School of Graduate Studies UTAH STATE UNIVERSITY Logan, Utah 2012 ii Copyright © Edwin Clay Allred 2012 All Rights Reserved iii ABSTRACT Knowledge, Norms and Preferences for Tamarisk Management in the Green and Colorado River Corridors of the Colorado Plateau by E. Clay Allred, Master of Science Utah State University, 2012 Major Professor: Dr.
    [Show full text]
  • United States Securities and Exchange Commission Form
    Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________________________________ FORM 10-Q _______________________________________________________ x Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Quarterly Period Ended September 30, 2016 or ¨ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from ______ to ______ Commission File Number: 001-34025 INTREPID POTASH, INC. (Exact Name of Registrant as Specified in its Charter) Delaware 26-1501877 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 707 17th Street, Suite 4200, Denver, Colorado 80202 (Address of principal executive offices) (Zip Code) (303) 296-3006 (Registrant’s telephone number, including area code) Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes x No ¨ Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files.) Yes x No ¨ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company.
    [Show full text]
  • UNITED STATES SECURITIES and EXCHANGE COMMISSION Washington, D.C
    Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________________________________ FORM 10-K _______________________________________________________ x Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended December 31, 2012 or ¨ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission File Number: 001-34025 INTREPID POTASH, INC. (Exact Name of Registrant as Specified in its Charter) Delaware 26-1501877 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 707 17th Street, Suite 4200, Denver, Colorado 80202 (Address of principal executive offices) (Zip Code) (303) 296-3006 (Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Title of each class Name of each exchange on which registered Common Stock, par value $0.001 per share New York Stock Exchange Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes x No ¨ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Act. Yes ¨ No x Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
    [Show full text]
  • Reasonably Foreseeable Development (RFD) Scenario for Potash in the Moab Master Leasing Plan Area (MMLPA), BLM Canyon Country District
    RFD Scenario for Potash in the MMLPA, BLM Canyon Country District TABLE OF CONTENTS I. SUMMARY............................................................................................................................................... - 1 - II. INTRODUCTION .................................................................................................................................... - 3 - III. DESCRIPTION OF THE GEOLOGY PERTAINING TO POTASH RESOURCES ....................... - 4 - IV. PAST AND PRESENT POTASH EXPLORATION ACTIVITIY ...................................................... - 5 - V. PAST AND PRESENT POTASH DEVELOPMENT ACTIVITY ...................................................... - 7 - Conflicts with other Mineral Development ............................................................................................. - 8 - Known Potash Leasing Areas (KPLAs) and Leasing Activity ................................................................ - 9 - VI. POTASH OCCURRENCE POTENTIAL.............................................................................................. - 9 - VII. POTASH DEVELOPMENT POTENTIAL ......................................................................................... - 11 - VIII. RFD BASELINE SCENARIO ASSUMPTIONS ................................................................................. - 12 - Potash Market ...................................................................................................................................... - 12 - Projections for Exploration Drilling
    [Show full text]
  • Intrepid Potash, Inc. (Exact Name of Registrant As Specified in Its Charter)
    UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of report (Date of earliest event reported): August 15, 2012 Intrepid Potash, Inc. (Exact name of registrant as specified in its charter) Delaware 001-34025 26-1501877 (State or other jurisdiction (Commission (IRS employer of incorporation) file number) identification no.) 707 17th Street, Suite 4200 Denver, Colorado 80202 (Address of principal executive offices, including zip code) (303) 296-3006 (Registrant’s telephone number, including area code) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below): o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 210.14d-2(b)) o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Item 7.01. Regulation FD Disclosure. On August 15, 2012, Intrepid Potash, Inc. (“ Intrepid,” “we,” “us,” or “our”) updated its investor presentation materials. A copy of these materials is furnished as Exhibit 99.1 to this report. We use these materials from time to time in our conversations with investors, analysts, and other interested parties. In addition, we will make the following investor presentation that will be webcast publicly: · Bank of America Merrill Lynch 2012 Industrials & Materials Conference Thursday, September 6, 2012, at 8:00 a.m.
    [Show full text]
  • INTREPID POTASH 2008 Annual Report Intrepid Potash, Inc
    INTREPID POTASH Unique Products, Unique Properties Intrepid Potash, Inc. 707 Seventeenth Street Suite 4200 Denver, CO 80202 tel: (303) 296-3006 2008 Annual Report 2008 www.intrepidpotash.com 2008 Annual Report Intrepid Potash,Financial Highlights Inc. Intrepid CorporatePotash, Information Inc. Stock Exchange Listing Certifications Common Stock Listed and Traded on: The most recent certifications by our Chief Executive Officer The New York Stock Exchange and Chief Financial Officer, pursuant to Section 302 of the NYSE Symbol – IPI Sarbanes-Oxley Act of 2002, are filed as exhibits to our Form 10-K. Transfer Agent and Registrar for Common Stock Computershare Trust Company Forward-looking Statements 250 Royall Street Any forward-looking statements about the Company’s outlook Canton, MA 02021 and prospects contained in this Annual Report are subject to toll-free: (800) 962-4284 risks and uncertainties, as described in materials filed with tel: (303) 262-0600 the Securities and Exchange Commission from time to time, www.computershare.com including the “Risk Factors” section of our 10-K dated March 6, 2009. Auditors KPMG LLP 707 Seventeenth Street Suite 2700 Denver, CO 80202 Investor Relations Additional information, including an Investor Package may be obtained from: Intrepid Potash, Inc. William I. Kent, Director of Investor Relations 707 Seventeenth Street Suite 4200 Denver, CO 80202 [email protected] or visit our website at www.intrepidpotash.com Table of Contents Intrepid’s Advantages...........................................................................
    [Show full text]
  • 4.0 Environmental Effects
    HB In-Situ Solution Mine Project EIS BLM Carlsbad 4.0 Environmental Effects 4.1 Introduction This chapter presents the analysis of impacts for each resource that would be affected by the proposed project. Each section provides an overview of the issues identified during public scoping as well as during discussions with BLM staff and interviews with industry and local community representatives. Each section summarizes the method of analysis including the type of information used and the assumptions made during the impact analysis, then describes the projected analysis of impacts for each alternative in as much detail as possible. Resources were evaluated according to the available data, so some discussions are based on qualitative information and some on more detailed quantitative data that was prepared for the project or acquired from other sources. Impact analysis assumes that the applicant-committed environmental protection measures and those required by the BLM would be successfully implemented. It is also assumed that the proponent, Intrepid Potash, would comply with state and federal regulations that are applicable to the project. Each section identifies key points on which the determination of the significance of impacts is based, recommends mitigation measures where appropriate to minimize potentially significant or important impacts, then provides a brief comparison of impacts under each alternative. Residual impacts are those that would remain after environmental protection measures, recommended mitigation measures, and compliance with laws and regulations are completed if impacts cannot be fully avoided or mitigated. No impacts from the proposed solution mining project have been identified that would affect operations or land at WIPP, so it will not be discussed further in this chapter.
    [Show full text]
  • Past, Present and Future
    summer 2008 New Mexico Potash—Past, Present, and Future Potash is the general term for natural and production and supplied 19 percent of the than the long-term average of $120 per manufactured water-soluble compounds potash used in the U.S. Most potash used metric ton. In 2008 potash prices are of potassium in combination with in the U.S. today, however, is imported already in excess of $500 per metric ton. magnesium, sodium, chloride, sulfate, and from Saskatchewan, Canada. nitrate. Potash is used directly or indirectly Imports from Canada, Belarus, and History of Potash Production in by everyone every day because it is an Russia, declining reserves and grades, New Mexico essential element in plant and animal life. and increasing mining, transport, and Potash was originally leached from heated Most potash is used in fertilizer (potassium environmental costs have caused a decline pots of wood ash, hence the name. Large- is the “K” in the “NPK” fertilizer rating, in the number of potash producers in scale potash use started in Germany in along with nitrogen, N, and phosphorus, 1859. The United States potash industry P). Therefore, potash markets closely was initiated during World War I as the parallel agricultural supply and demand. result of a German embargo that drove The remainder is used in chemicals and prices above $450 per metric ton. Wartime pharmaceuticals, salt substitutes, soap, potash (used in the manufacture of matches, glass, and storage batteries. gunpowder) was produced at more than a New Mexico potash production is in an hundred plants throughout the U.S., each area that covers about 425 square miles with very small output.
    [Show full text]
  • Intrepid Potash, Inc. (Exact Name of Registrant As Specified in Its Charter)
    UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Earliest Event Reported: May 18, 2011 Intrepid Potash, Inc. (Exact name of registrant as specified in its charter) Delaware 001-34025 26-1501877 (State or other jurisdiction (Commission (IRS employer of incorporation) file number) identification no.) 707 17th Street, Suite 4200 Denver, Colorado 80202 (Address of principal executive offices, including zip code) (303) 296-3006 (Registrant’s telephone number, including area code) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below): o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 210.14d-2(b)) o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Item 7.01 Regulation FD Disclosure On May 18, 2011, Intrepid Potash, Inc. released an updated investor presentation. A copy of the presentation is furnished as Exhibit 99.1 to this Current Report on Form 8-K. In accordance with General Instruction B.2 of Form 8-K, the information in this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
    [Show full text]
  • UNITED STATES SECURITIES and EXCHANGE COMMISSION Washington, D.C
    Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended December 31, 2020 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission File Number: 001-34025 INTREPID POTASH, INC. (Exact Name of Registrant as Specified in its Charter) Delaware 26-1501877 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 1001 17th Street, Suite 1050 Denver, Colorado 80202 (Address of principal executive offices) (Zip Code) (303) 296-3006 (Registrant's telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol Name of each exchange on which registered Common Stock, par value $0.001 per share IPI New York Stock Exchange Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ☐ No x Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Act. Yes ☐ No x Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
    [Show full text]