AI assistant
AMARIN CORP PLC\UK — Director's Dealing 2017
Feb 2, 2017
33214_dirs_2017-02-02_6d4f8a9d-228d-4f08-a866-af0bc72de5a5.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: AMARIN CORP PLC\UK (AMRN)
CIK: 0000897448
Period of Report: 2017-01-31
Reporting Person: THERO JOHN F (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-01-31 | Ordinary Shares | M | 169500 | — | Acquired | 911417 | Direct |
| 2017-01-31 | Ordinary Shares | M | 260000 | — | Acquired | 1171417 | Direct |
| 2017-01-31 | Ordinary Shares | M | 120000 | — | Acquired | 1291417 | Direct |
| 2017-01-31 | Ordinary Shares | F | 231718 | $2.97 | Disposed | 1059699 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-01-31 | Restricted Stock Units | $0.00 | M | 169500 | Disposed | Ordinary Shares (169500) | Direct | |
| 2017-01-31 | Restricted Stock Units | $0.00 | M | 260000 | Disposed | Ordinary Shares (260000) | Direct | |
| 2017-01-31 | Restricted Stock Units | $0.00 | M | 120000 | Disposed | Ordinary Shares (120000) | Direct | |
| 2017-02-01 | Stock Option (right to buy) | $2.95 | A | 550000 | Acquired | 2027-01-31 | 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 third and final vesting event occurred on January 31, 2017.
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 second vesting event occurred on January 31, 2017.
F5: 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. The first vesting event occurred on January 31, 2017.
F6: 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.
F7: Each RSU represents a contingent right to receive one Ordinary Share or cash in lieu thereof at the Issuer's discretion.
F8: On February 1, 2017, 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 28, 2017.