Iyengar Vijay K 4
4 · INCYTE CORP · Filed Jul 17, 2024
Insider Transaction Report
Form 4
INCYTE CORPINCY
Iyengar Vijay K
EVP, GMAPPS
Transactions
- Award
Employee Stock Option (right to buy)
2024-07-15+16,284→ 16,284 totalExercise: $64.25Exp: 2034-07-14→ Common Stock (16,284 underlying) - Award
Common Stock
2024-07-15+7,278→ 52,821 total - Tax Payment
Common Stock
2024-07-15$64.25/sh−549$35,273→ 52,272 total
Footnotes (4)
- [F1]Represents award of restricted stock units ("RSUs") that will vest 25% annually over four years, subject to the employee's continued service with the issuer through the applicable vesting dates. The RSUs may be settled only for shares of common stock on a one-for-one basis.
- [F2]Represents shares withheld automatically by the Issuer to satisfy tax withholding obligations due at settlement of RSUs or earned performance shares previously reported in Table I as common stock.
- [F3]Including the July 15, 2024 grant, this includes an aggregate of 28,198 shares of common stock issuable pursuant to previously reported restricted stock units and earned performance stock units that have not vested.
- [F4]The July 15, 2024 options become exercisable in 37 installments, with the first 25% vesting after one year and the remainder vesting monthly over three years.