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AMARIN CORP PLC\UK Director's Dealing 2012

Jul 12, 2012

33214_dirs_2012-07-12_0cff7069-e713-4d78-a3db-778bbf25b75c.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMARIN CORP PLC\UK (AMRN)
CIK: 0000897448
Period of Report: 2012-07-10

Reporting Person: Anderson Joseph (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2012-07-10 Stock Option (right to buy) $14.40 A 30000 Acquired 2022-07-10 Ordinary Shares (30000) Direct

Footnotes

F1: The stock option was granted to Joseph Anderson (the "Reporting Person") on July 10, 2012 pursuant to and in accordance with the Issuer's non-employee director compensation policy and the Issuer's 2011 Stock Incentive Plan, as amended, and will vest on the first anniversary of the grant date.

F2: The Ordinary Shares may be represented by American Depositary Shares, each of which currently represents one Ordinary Share.

F3: The Reporting Person is a member of Abingworth LLP ("ALLP"). ALLP is the investment manager to a number of investment funds that include Abingworth Bioventures V L.P. ("ABV V") and Abingworth Bioventures V Co-Invest Growth Equity Fund LP ("AGE") (together, the "Abingworth Funds"). Under an agreement between the Reporting Person and ALLP, of the 30,000 options reported herein, the Reporting Person is deemed to hold 12,000 of the options for the benefit of ABV V, 12,000 of the options for the benefit of AGE, and 4,200 of the options for the benefit of ALLP (such 28,200 options, collectively, the "Abingworth Options"), and any Ordinary Shares issuable upon exercise of the Abingworth Options, for the benefit of ALLP on behalf of itself and the Abingworth Funds, and must exercise the Abingworth Options solely upon the direction of ALLP.

F4: The Reporting Person's interest in the securities reported herein is limited to the extent of his pecuniary interest, if any, therein. This report shall not be deemed an admission that the Reporting Person, ALLP, each Abingworth Fund or any other person is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.