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AMARIN CORP PLC\UK Director's Dealing 2016

Feb 2, 2016

33214_dirs_2016-02-02_ecf3d5a8-d4f1-4f27-a326-182c9444fc62.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: 2016-01-31

Reporting Person: THERO JOHN F (Director, President and CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2016-01-31 Ordinary Shares M 169500 Acquired 548900 Direct
2016-01-31 Ordinary Shares M 260000 Acquired 808900 Direct
2016-01-31 Ordinary Shares F 172157 $1.36 Disposed 636743 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2016-01-31 Restricted Stock Units $0.00 M 169500 Disposed Ordinary Shares (169500) Direct
2016-01-31 Restricted Stock Units $0.00 M 260000 Disposed Ordinary Shares (260000) Direct
2016-02-01 Restricted Stock Units $0.00 A 360000 Acquired Ordinary Shares (360000) Direct
2016-02-01 Stock Option (right to buy) $1.40 A 550000 Acquired 2026-01-31 Ordinary Shares (550000) Direct

Footnotes

F1: The Ordinary Shares may be represented by American Depositary Shares, each of which currently represents one Ordinary Share.

F2: On January 8, 2014, the Reporting Person was granted 508,500 restricted stock units ("RSUs") under the Amarin Corporation plc 2011 Stock Incentive Plan. These RSUs vest in three equal installments on each of January 31, 2015, January 31, 2016 and January 31, 2017. The second vesting event occurred on January 31, 2016.

F3: Not applicable.

F4: On February 2, 2015, the Reporting Person was granted 780,000 RSUs under the Amarin Corporation plc 2011 Stock Incentive Plan. These RSUs vest in three equal installments on each of January 31, 2016, January 31, 2017 and January 31, 2018. The first vesting event occurred on January 31, 2016.

F5: Represents withholding by the Issuer of shares in respect of tax liability incident to the vesting of a security issued in accordance with Rule 16b-3, and not a market sale of securities.

F6: Each RSU represents a contingent right to receive one Ordinary Share or cash in lieu thereof at the Issuer's discretion.

F7: On February 1, 2016, the Reporting Person was granted 360,000 RSUs under the Amarin Corporation plc 2011 Stock Incentive Plan. These RSUs vest in three equal installments on each of January 31, 2017, January 31, 2018 and January 31, 2019.

F8: On February 1, 2016, the Reporting Person was granted an option to purchase 550,000 Ordinary Shares under the Amarin Corporation plc 2011 Stock Incentive Plan. The shares subject to this option shall vest and become exercisable in 48 equal monthly installments on the last day of each month starting on February 29, 2016.