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AMARIN CORP PLC\UK — Director's Dealing 2020
Dec 2, 2020
33214_dirs_2020-12-02_83a67a5d-1eed-427e-b519-c18fe0f62cb4.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: 2020-11-30
Reporting Person: THERO JOHN F (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-11-30 | Ordinary Shares | M | 6736.00 | — | Acquired | 2745736.00 | Direct |
| 2020-11-30 | Ordinary Shares | M | 6736.00 | — | Acquired | 2752472.00 | Direct |
| 2020-11-30 | Ordinary Shares | F | 5302.00 | $4.60 | Disposed | 2747170.00 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-11-30 | Restricted Stock Units | $0.00 | M | 6736.00 | Disposed | Ordinary Shares (6736.00) | Direct | |
| 2020-11-30 | Restricted Stock Units | $0.00 | M | 6736.00 | Disposed | Ordinary Shares (6736.00) | 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 February 27, 2020, on May 15, 2017, the Reporting Person was granted 970,000 Restricted Stock Units ("RSUs") under the Amarin Corporation plc Stock Incentive Plan (the "Plan"), of which the performance criteria related to two tranches representing 50% of the total award was deemed achieved on February 25, 2020 pursuant to reporting of audited net product revenues for 2019 exceeding $400 million. The tranches vest ratably over 36 months beginning September 30, 2018 subject to achievement of the performance criteria and continued employment of the Reporting Person as provided in the RSU Award Agreement between the Issuer and Reporting Person. The twenty-seventh vesting event occurred on November 30, 2020. The performance criteria related to the remaining 50% tranche has not yet been formally deemed achieved; such tranche has not lapsed as a result of achieving the other two tranches.
F3: Not applicable.
F4: 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.
F5: Please see the section titled "Remarks" below for additional information.
F6: Each RSU represents a contingent right to receive one Ordinary Share or cash in lieu thereof at the Issuer's discretion.