0001701904-20-000003.txt : 20201020 0001701904-20-000003.hdr.sgml : 20201020 20201020150130 ACCESSION NUMBER: 0001701904-20-000003 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20201016 FILED AS OF DATE: 20201020 DATE AS OF CHANGE: 20201020 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Clearway Capital Management Ltd. CENTRAL INDEX KEY: 0001701904 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34025 FILM NUMBER: 201248132 BUSINESS ADDRESS: STREET 1: WINTERBOTHAM PLACE, MARLBOROUGH AND STREET 2: QUEEN STREETS CITY: NASSAU STATE: C5 ZIP: C5 BUSINESS PHONE: 305-375-8484 MAIL ADDRESS: STREET 1: 501 BRICKELL KEY DRIVE SUITE 602 CITY: MIAMI STATE: FL ZIP: 33131 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Saratoga Asset Management S.A. CENTRAL INDEX KEY: 0001712802 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34025 FILM NUMBER: 201248133 BUSINESS ADDRESS: STREET 1: 2ND FLOOR HUMBOLDT TOWER 53 EAST CITY: PANAMA CITY STATE: R1 ZIP: R1 BUSINESS PHONE: 305-375-8484 MAIL ADDRESS: STREET 1: 501 BRICKELL KEY DRIVE SUITE 602 CITY: MIAMI STATE: FL ZIP: 33131 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Intrepid Potash, Inc. CENTRAL INDEX KEY: 0001421461 STANDARD INDUSTRIAL CLASSIFICATION: MINING, QUARRYING OF NONMETALLIC MINERALS (NO FUELS) [1400] IRS NUMBER: 261501877 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1001 17TH STREET STREET 2: SUITE 1050 CITY: DENVER STATE: CO ZIP: 80202 BUSINESS PHONE: 303-296-3006 MAIL ADDRESS: STREET 1: 1001 17TH STREET STREET 2: SUITE 1050 CITY: DENVER STATE: CO ZIP: 80202 4 1 primary_doc.xml PRIMARY DOCUMENT X0306 4 2020-10-16 1 0001421461 Intrepid Potash, Inc. IPI 0001701904 Clearway Capital Management Ltd. WINTERBOTHAM PLACE, MARLBOROUGH & QUEEN STREETS P.O. BOX N-3026 NASSAU C5 BAHAMAS 0 0 1 0 0001712802 Saratoga Asset Management S.A. 2ND FLOOR HUMBOLDT TOWER 53 EAST PANAMA CITY R1 PANAMA 0 0 1 0 Common Stock 2020-10-16 4 G 0 1711982 0 D 0 I By Saratoga Asset Management, S.A. This transaction is exempt from Section 16(b) pursuant to Rule 16b-5 as it is a bona-fide gift ultimately to Clearway Capital Management LLC, which is wholly owned by the Clearway Trust. As of August 13, 2020, the Issuer effectuated a 10 for 1 reverse stock split of all of its common stock. As a result thereof, the amount of shares being disposed of by bona-fide gift total 1,711,982. This Form 4 is jointly filed by and on behalf of each of Clearway Capital Management Ltd. and Saratoga Asset Management S.A. under Exchange Act Rule 16a-3. Clearway Capital Management Ltd. is an Investment Fund organized and doing business under the laws of The Bahamas which wholly-owns Saratoga Asset Management S.A. which directly held all of the Common Stock Shares of the Issuer being reported in this Form 4. Each of Clearway Capital Management Ltd. and Saratoga Asset Management S.A. disclaim the creation of any group by the filing of this Form 4. Each of Clearway Capital Management Ltd. and Saratoga Asset Management S.A. disclaim beneficial ownership of the securities indicated, and the reporting herein of such securities, shall not be construed as an admission that either of the undersigned is the beneficial owner thereof for purposes of Section 16 or for any other purpose. /s/ Gonzalo Maria Avendano, Director, Clearway Capital Management Ltd. 2020-10-20 /s/ Gonzalo Maria Avendano, Authorized Signatory, Saratoga Asset Management S.A. 2020-10-20