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AMARIN CORP PLC\UK — Director's Dealing 2024
Jan 12, 2024
33214_dirs_2024-01-12_904b2191-4530-4095-b048-b818dfc3021d.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: 2024-01-10
Reporting Person: Berg Aaron (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-01-10 | Ordinary Shares | M | 51500 | — | Acquired | 622796 | Direct |
| 2024-01-10 | Ordinary Shares | F | 28214 | $0.97 | Disposed | 594582 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-01-10 | Restricted Stock Unit | $ | A | 51500 | Acquired | Ordinary Shares (51500) | Direct | |
| 2024-01-10 | Restricted Stock Unit | $ | M | 51500 | Disposed | Ordinary Shares (51500) | Direct |
Footnotes
F1: The Ordinary Shares may be represented by American Depositary Shares, each of which currently represents one Ordinary Share.
F2: On February 21, 2023, the Reporting Person was granted 103,000 RSUs under the Amarin Corporation plc 2020 Stock Incentive Plan, which vest upon achievement of certain performance-based milestones and subject to the Reporting Person's continued service with the Issuer as provided in the RSU Award Agreement between the Issuer and Reporting Person. On January 10, 2024, the first of two performance-based milestones was achieved based on a predetermined formula tied to company cash balance as determined by the Issuer's Remuneration Committee of its Board of Directors, resulting in the vesting of 51,500 RSUs.
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: Each RSU represents a contingent right to receive one Ordinary Share or cash in lieu thereof at the Issuer's discretion.