Trower Paul 4
4 · INCYTE CORP · Filed Jan 20, 2021
Insider Transaction Report
Form 4
INCYTE CORPINCY
Trower Paul
VP, Finance & Prin Acc Officer
Transactions
- Award
Employee Stock Option (right to buy)
2021-01-15+2,534→ 2,534 totalExercise: $90.56Exp: 2031-01-14→ Common Stock (2,534 underlying) - Award
Common Stock
2021-01-15+4,032→ 28,427 total
Footnotes (3)
- [F1]Represents award of restricted stock units ("RSUs") that will vest 100% on the fourth anniversary of the grant date of January 15, 2021, subject to Paul Trower's continued service with the Issuer through the applicable vesting date. The RSUs may be settled only for shares of common stock on a one-for-one basis.
- [F2]Including the January 15, 2021 Restricted Stock Unit Grant, this includes an aggregate of 16,058 shares of common stock issuable pursuant to previously reported restricted stock units that have not vested.
- [F3]Beginning January 15, 2021, options become exercisable in 37 installments, with the first 25.00% vesting on July 2, 2021 and the remainder vesting monthly over three years.