| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | AMRN | Stock Option (Right to Buy) | Award | $0 | +270K | $0.00 | 270K | Feb 21, 2023 | Ordinary Shares | 270K | $1.80 | Direct | F1, F2 | |
| transaction | AMRN | Restricted Stock Units | Award | $0 | +135K | $0.00 | 135K | Feb 21, 2023 | Ordinary Shares | 135K | $0.00 | Direct | F2, F3, F4, F5 | |
| transaction | AMRN | Restricted Stock Units | Award | $0 | +50K | $0.00 | 50K | Feb 21, 2023 | Ordinary Shares | 50K | $0.00 | Direct | F2, F3, F5, F6, F7 |
| Id | Content |
|---|---|
| F1 | On February 21, 2023, the Reporting Person was granted an option to purchase 269,600 Ordinary Shares under the Amarin Corporation plc 2020 Stock Incentive Plan (as amended, the "Plan"). The shares subject to this option shall vest and become exercisable over four years, with 25% to vest on the first anniversary of the grant date and the balance to vest ratably over the subsequent 12 calendar quarters on the last day of each April, July, October and January. |
| F2 | The Ordinary Shares may be represented by American Depositary Shares, each of which currently represents one Ordinary Share. |
| F3 | Each Restricted Stock Units ("RSUs") represents a contingent right to receive one Ordinary Share or cash in lieu thereof at the Issuer's discretion. |
| F4 | On February 21, 2023, the Reporting Person was granted 134,800 RSUs under the Plan. These RSUs vest in three equal installments on each of January 31, 2024, January 31, 2025 and January 31, 2026. |
| F5 | Not applicable. |
| F6 | On July 1, 2022 (the "Grant Date"), the Reporting Person was granted RSUs under the Plan, which only vest subject to the achievement of certain performance-based milestones disclosed in the Issuer's definitive proxy statement filed with the U.S. Securities and Exchange Commission on May 24, 2022 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. This RSU Award also provides that if performance metrics are achieved prior to the 3rd anniversary of the Grant Date, the achieved portion of such RSU Award shall also be subject to time-based vesting such that 1/3 of such amount shall become vested on each of the first, second and third anniversary of the Grant Date, subject to the Reporting Person's continued service to the Issuer. |
| F7 | (Continued from Footnote 6) The Issuer's Remuneration Committee of its Board certified the achievement of performance effective as of February 21, 2023, which will result in 50,000 RSUs scheduled to vest on each of the first, second and third anniversary of the Grant Date. |
In the case of a Change of Control (as defined in the Issuer's stock incentive plan), the grants described in this Form 4 vest in full. As of the date of this Form 4, the Reporting Person owns or holds the right to acquire an aggregate of 807,400 Ordinary Shares of the Issuer in the form of Ordinary Shares, stock options and RSUs outstanding under the Issuer's stock incentive plans, including but not limited to certain performance-based RSUs that are earned only if certain pre-defined operational milestones are achieved and, in certain cases, then vest only if the recipient remains with the company for an extended period of time.