Diane E. Sullivan - Jul 21, 2023 Form 4 Insider Report for AMARIN CORP PLC\UK (AMRN)

Role
Director
Signature
By: /s/ Tom Reilly, by power of attorney
Stock symbol
AMRN
Transactions as of
Jul 21, 2023
Transactions value $
$0
Form type
4
Date filed
7/21/2023, 09:04 PM
Previous filing
Mar 10, 2023
Next filing
Jul 31, 2023

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 AMRN Stock Option (Right to Buy) Award $0 +285K $0.00 285K Jul 21, 2023 Ordinary Shares 285K $1.12 Direct F1, F2
transaction AMRN Stock Option (Right to Buy) Award $0 +167K $0.00 167K Jul 21, 2023 Ordinary Shares 167K $1.12 Direct F2, F3
transaction AMRN Restricted Stock Units Award $0 +94.9K $0.00 94.9K Jul 21, 2023 Ordinary Shares 94.9K $0.00 Direct F2, F4, F5, F6
transaction AMRN Restricted Stock Units Award $0 +55.8K $0.00 55.8K Jul 21, 2023 Ordinary Shares 55.8K $0.00 Direct F2, F4, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In connection with the Reporting Person's initial appointment to the Issuer's board of directors, on July 21, 2023 the Reporting Person was granted a one-time option to purchase 284,598 Ordinary Shares under the Amarin Corporation plc 2020 Stock Incentive Plan (the "Plan") and the Non-Employee Director Compensation Policy, as revised in May 2023 (the "Policy"). This option shall vest and become exercisable in equal annual installments over three years from the date of the Reporting Person's initial appointment to the Issuer's board of directors.
F2 The Ordinary Shares may be represented by American Depositary Shares, each of which currently represents one Ordinary Share.
F3 On July 21, 2023, following the conclusion of the Issuer's annual general meeting of shareholders for 2023, the Reporting Person was granted an option to purchase 167,411 Ordinary Shares under the Plan and the Policy. This option shall vest and become exercisable upon the earlier of the one-year anniversary of the grant date and the annual general meeting of shareholders in such anniversary year.
F4 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one Ordinary Share or cash in lieu thereof at the Issuer's discretion.
F5 In connection with the Reporting Person's initial appointment to the Issuer's board of directors, on July 21, 2023 the Reporting Person was granted a one-time grant of 94,866 RSUs under the Plan and the Policy. These RSUs vest in equal annual installments over three years from the date of the Reporting Person's initial appointment to the Issuer's board of directors. The RSUs are subject to deferred settlement upon the director's separation of service with the Issuer.
F6 Not applicable.
F7 On July 21, 2023, following the conclusion of the Issuer's annual general meeting of shareholders for 2023, the Reporting Person was granted an award of 55,804 RSUs under the Plan and the Policy. These RSUs vest in full upon the earlier of the one-year anniversary of the grant date and the annual general meeting of shareholders in such anniversary year. The RSUs are subject to deferred settlement upon the director's separation of service with the Issuer.