CAGNONI PABLO J 4
4 · INCYTE CORP · Filed Jul 17, 2024
Insider Transaction Report
Form 4
INCYTE CORPINCY
CAGNONI PABLO J
President, R&D
Transactions
- Tax Payment
Common Stock
2024-07-15$64.25/sh−749$48,123→ 221,170 total - Award
Employee Stock Option (right to buy)
2024-07-15+44,411→ 44,411 totalExercise: $64.25Exp: 2034-07-14→ Common Stock (44,411 underlying) - Award
Common Stock
2024-07-15+19,851→ 221,919 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 restricted stock units previously reported in Table I as common stock.
- [F3]Including the July 15, 2024 grant, this includes an aggregate of 219,502 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.