O'Sullivan Patrick J 4
4 · AMARIN CORP PLC\UK · Filed May 21, 2019
Insider Transaction Report
Form 4
O'Sullivan Patrick J
Director
Transactions
- Award
Stock Option (Right to Buy)
2019-05-20+9,658→ 9,658 totalExercise: $16.83Exp: 2029-05-20→ Ordinary Shares (9,658 underlying) - Award
Restricted Stock Units
2019-05-20+7,428→ 7,428 totalExercise: $0.00→ Ordinary Shares (7,428 underlying)
Footnotes (5)
- [F1]On May 20, 2019, the Reporting Person was granted an option to purchase 9,658 Ordinary Shares under the Amarin Corporation plc 2011 Stock Incentive Plan (the "Plan"). The option shall vest and become exercisable in a single annual installment upon the earlier of (i) the anniversary of the grant date of May 20, 2019 or (ii) the Issuer's annual general meeting of shareholders in 2020.
- [F2]The Ordinary Shares may be represented by American Depositary Shares, each of which currently represents one Ordinary Share.
- [F3]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one Ordinary Share or cash in lieu thereof at the Issuer's discretion, with settlement to be made on a deferred basis, specifically upon the non-employee director's separation of service with the Issuer.
- [F4]On May 20, 2019, the Reporting Person was granted 7,428 RSUs under the Plan. The RSUs vest in equal annual installments over a three-year period, with each installment vesting upon the earlier of (i) the anniversary of the grant date of May 20, 2019 or (ii) the Issuer's annual general meeting of shareholders in such year.
- [F5]Not applicable.