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AMARIN CORP PLC\UK — Director's Dealing 2017
Jul 3, 2017
33214_dirs_2017-07-03_0bc5400b-f9a3-4054-a445-69bda5204ddb.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: 2017-05-15
Reporting Person: THERO JOHN F (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-06-30 | Ordinary Shares | M | 37500 | — | Acquired | 1118967 | Direct |
| 2017-06-30 | Ordinary Shares | F | 15732 | $4.03 | Disposed | 1103235 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-05-15 | Restricted Stock Units | $0.00 | A | 359000 | Acquired | Ordinary Shares (359000) | Direct | |
| 2017-06-30 | Restricted Stock Units | $0.00 | M | 37500 | Disposed | Ordinary Shares (37500) | Direct |
Footnotes
F1: The Ordinary Shares may be represented by American Depositary Shares, each of which represents one Ordinary Share.
F2: As previously reported on July 8, 2015, the Reporting Person was granted 600,000 Restricted Stock Units ("RSUs") under the Amarin Corporation plc 2011 Stock Incentive Plan (the "Plan"). These RSUs vest in 16 equal quarterly installments. The eighth vesting event occurred on June 30, 2017.
F3: Not applicable.
F4: Please see the section titled "Remarks" below for additional information.
F5: Represents a 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, 2017, the Reporting Person was granted 359,000 RSUs under the Plan. These RSUs were subject to the approval by the Company's shareholders of an amendment to the Plan, which amendment was approved on May 15, 2017, and were previously disclosed in the Company's definitive proxy statement on Schedule 14A filed with the Securities and Exchange Commission on April 21, 2017. These RSUs vest in three equal installments on each of January 31, 2018, January 31, 2019 and January 31, 2020.