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INCYTE CORP — Director's Dealing 2025
Jul 16, 2025
30371_dirs_2025-07-16_646d9351-5af0-456b-92dc-b7cf0621731c.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: INCYTE CORP (INCY)
CIK: 0000879169
Period of Report: 2025-07-14
Reporting Person: Iyengar Vijay K (EVP, GMAPPS)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-07-14 | Common Stock | F | 595 | $69.98 | Disposed | 37106 | Direct |
| 2025-07-15 | Common Stock | S | 1177 | $69.86 | Disposed | 35929 | Direct |
| 2025-07-15 | Common Stock | F | 836 | $68.25 | Disposed | 35093 | Direct |
| 2025-07-15 | Common Stock | A | 6430 | — | Acquired | 41523 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-07-15 | Performance Shares | $ | A | 16077 | Acquired | 2028-07-15 | Common Stock (16077) | Direct |
| 2025-07-15 | Employee Stock Option (right to buy) | $68.25 | A | 14472 | Acquired | 2035-07-14 | Common Stock (14472) | Direct |
Footnotes
F1: Represents shares withheld automatically by the Issuer to satisfy tax withholding obligations due at settlement of RSUs or earned performance shares previously reported in Table I as common stock.
F2: Represents award of restricted stock units ("RSUs") that will vest 25% annually over four years. The RSUs may be settled only for shares of common stock on a one-for-one basis.
F3: Including the July 15, 2025 grant, this includes an aggregate of 37,752 shares of common stock issuable pursuant to previously reported restricted stock units and earned performance stock units that have not vested.
F4: Each performance share represents the right to receive up to 200% of one share of common stock. Such shares may be earned based upon the issuer's relative total shareholder return ("TSR") over a three-year performance period beginning on January 1, 2025 as compared to the TSR of companies in a fixed peer group, as set forth in the Performance Share Award Agreement. The earned shares will vest on the third anniversary of the grant date subject to the Reporting Person's continued service with the issuer.
F5: The July 15, 2025 options become exercisable in 37 installments, with the first 25% vesting after one year and the remainder vesting monthly over three years.