VAN HEEK G JAN 4
4 · AMARIN CORP PLC\UK · Filed Jul 15, 2020
Insider Transaction Report
Form 4
VAN HEEK G JAN
Director
Transactions
- Award
Restricted Stock Units
2020-07-13+27,191→ 27,191 totalExercise: $0.00→ Ordinary Shares (27,191 underlying) - Award
Stock Option (Right to Buy)
2020-07-13+34,805→ 34,805 totalExercise: $6.62Exp: 2030-07-13→ Ordinary Shares (34,805 underlying)
Footnotes (5)
- [F1]On July 13, 2020, the Reporting Person was granted an option to purchase 34,805 Ordinary Shares under the Amarin Corporation plc 2020 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 July 13, 2020 or (ii) the Issuer's annual general meeting of shareholders in 2021.
- [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 July 13, 2020, the Reporting Person was granted 27,191 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 July 13, 2020 or (ii) the Issuer's annual general meeting of shareholders in such year.
- [F5]Not applicable.