Patrick Holt - Aug 1, 2023 Form 4 Insider Report for AMARIN CORP PLC\UK (AMRN)

Role
President and CEO, Director
Signature
By: /s/ Tom Reilly, by power of attorney
Stock symbol
AMRN
Transactions as of
Aug 1, 2023
Transactions value $
$0
Form type
4
Date filed
8/2/2023, 05:06 PM
Previous filing
Jul 28, 2023
Next filing
Aug 16, 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 +5M $0.00 5M Aug 1, 2023 Ordinary Shares 5M $1.19 Direct F1, F2
* 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 as President and Chief Executive Officer of the Issuer, on August 1, 2023 the Reporting Person was granted a performance-based stock option to purchase 5,000,000 Ordinary Shares under the Amarin Corporation plc 2020 Stock Incentive Plan. The shares subject to this option shall vest and become exercisable upon the achievement of share price hurdles ranging from $2.50 to $15.00, subject to five months of further time-based vesting once a share price hurdle has been achieved.
F2 The Ordinary Shares may be represented by American Depositary Shares, each of which currently represents one Ordinary Share.