Thomas Tray - 17 Jan 2024 Form 4 Insider Report for INCYTE CORP (INCY)

Role: Principal Accounting Officer
Signature: /s/ Elizabeth Feeney, Attorney-In-Fact
Issuer symbol: INCY
Transactions as of: 17 Jan 2024
Net transactions value: -$62,771
Form type: 4
Filing time: 19 Jan 2024, 17:30:39 UTC
Previous filing: 14 Dec 2023
Next filing: 10 Jun 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	INCY	Common Stock	Tax liability	$62,771	-1,021	-4.4%	$61.48	22,415	17 Jan 2024	Direct	F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	INCY	Employee Stock Option (right to buy)	Award	$0	+4,530		$0.000000	4,530	18 Jan 2024	Common Stock	4,530	$61.18	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares withheld automatically by the Issuer to satisfy tax withholding obligations due at settlement of restricted stock units previously reported in Table I as common stock.
F2	Includes an aggregate of 14,559 shares of common stock issuable pursuant to previously reported restricted stock units that have not vested.
F3	Beginning January 18, 2024, options become exercisable in 37 installments, with the first 25% vesting on July 14, 2024 and the remainder vesting monthly over three years.