Hoppenot Herve 4
4 · INCYTE CORP · Filed Jul 17, 2024
Insider Transaction Report
Form 4
INCYTE CORPINCY
Hoppenot Herve
DirectorChief Executive OfficerOther
Transactions
- Tax Payment
Common Stock
2024-07-15$64.25/sh−4,961$318,744→ 496,674 total - Award
Common Stock
2024-07-15+41,025→ 501,635 total - Award
Employee Stock Option (right to buy)
2024-07-15+61,189→ 61,189 totalExercise: $64.25Exp: 2034-07-14→ Common Stock (61,189 underlying)
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 114,696 shares of common stock issuable pursuant to previously reported RSUs and earned performance shares 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.