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AMARIN CORP PLC\UK — Director's Dealing 2018
Oct 2, 2018
33214_dirs_2018-10-02_bda935d0-c7a0-4e13-a0a8-a4af04e98b9a.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: 2018-09-30
Reporting Person: Kennedy Joseph T (General Counsel)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-09-30 | Ordinary Shares | M | 47188 | — | Acquired | 265122 | Direct |
| 2018-09-30 | Ordinary Shares | M | 6250 | — | Acquired | 271372 | Direct |
| 2018-09-30 | Ordinary Shares | F | 26495 | $16.27 | Disposed | 244877 | Direct |
| 2018-10-01 | Ordinary Shares | M | 1953 | $1.02 | Acquired | 246830 | Direct |
| 2018-10-01 | Ordinary Shares | M | 18749 | $2.50 | Acquired | 265579 | Direct |
| 2018-10-01 | Ordinary Shares | M | 2604 | $1.40 | Acquired | 268183 | Direct |
| 2018-10-01 | Ordinary Shares | S | 33049 | $16.3304 | Disposed | 235134 | Direct |
| 2018-10-01 | Ordinary Shares | S | 8800 | $17.4654 | Disposed | 226334 | Direct |
| 2018-10-01 | Ordinary Shares | S | 8400 | $17.9916 | Disposed | 217934 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-09-30 | Restricted Stock Units | $0.00 | M | 47188 | Disposed | Ordinary Shares (47188) | Direct | |
| 2018-09-30 | Restricted Stock Units | $0.00 | M | 6250 | Disposed | Ordinary Shares (6250) | Direct | |
| 2018-10-01 | Stock Option (Right to Buy) | $1.02 | M | 1953 | Disposed | 2025-02-01 | Ordinary Shares (1953) | Direct |
| 2018-10-01 | Stock Option (Right to Buy) | $2.50 | M | 18749 | Disposed | 2025-07-06 | Ordinary Shares (18749) | Direct |
| 2018-10-01 | Stock Option (Right to Buy) | $1.40 | M | 2604 | Disposed | 2026-01-31 | Ordinary Shares (2604) | Direct |
Footnotes
F1: The Ordinary Shares may be represented by American Depositary Shares, each of which currently represents one Ordinary Share.
F2: As previously reported on July 8, 2015, the Reporting Person was granted 755,000 Restricted Stock Units ("RSUs") under the Amarin Corporation plc 2011 Stock Incentive Plan (the "Plan"). These RSUs vest in 16 equal quarterly installments. The thirteenth vesting event occurred on September 30, 2018.
F3: Not applicable.
F4: Please see the section titled "Remarks" below for additional information.
F5: As previously reported on October 6, 2015, the Reporting Person was granted 100,000 RSUs under the Plan. These RSUs vest in 16 equal quarterly installments. The thirteenth vesting event occurred on September 30, 2018.
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: The option exercises and sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F8: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.80 to $16.78, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.
F9: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.80 to $17.79, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.
F10: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.80 to $18.45, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.
F11: Each RSU represents a contingent right to receive one Ordinary Share or cash in lieu thereof at the Issuer's discretion.
F12: On February 2, 2015, the Reporting Person was granted an option to purchase 93,750 Ordinary Shares under the Plan. The shares subject to this option shall vest and become exercisable in 48 equal monthly installments on the last day of each month that began on February 28, 2015.
F13: On July 6, 2015, the Reporting Person was granted an option to purchase 900,000 Ordinary Shares under the Plan. The shares subject to this option shall vest and become exercisable in 48 equal monthly installments on the last day of each month that began on July 31, 2015.
F14: On February 1, 2016, the Reporting Person was granted an option to purchase 125,000 Ordinary Shares under the Plan. The shares subject to this option shall vest and become exercisable in 48 equal monthly installments on the last day of each month that began on February 29, 2016.