Steven B. Ketchum - Jan 10, 2024 Form 4 Insider Report for AMARIN CORP PLC\UK (AMRN)

Role
Chief Scientific Officer
Signature
/s/ Tom Reilly, by power of attorney
Stock symbol
AMRN
Transactions as of
Jan 10, 2024
Transactions value $
-$27,422
Form type
4
Date filed
1/12/2024, 05:31 PM
Previous filing
Jan 8, 2024
Next filing
Feb 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMRN Ordinary Shares Options Exercise +51.5K +8.62% 649K Jan 10, 2024 Direct F1, F2, F3
transaction AMRN Ordinary Shares Tax liability -$27.4K -28.3K -4.36% $0.97 620K Jan 10, 2024 Direct F1, F4

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 Restricted Stock Unit Award $0 +51.5K $0.00* 0 Jan 10, 2024 Ordinary Shares 51.5K Direct F1, F2, F3, F5
transaction AMRN Restricted Stock Unit Options Exercise $0 -51.5K -100% $0.00* 0 Jan 10, 2024 Ordinary Shares 51.5K Direct F1, F2, F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Ordinary Shares may be represented by American Depositary Shares, each of which currently represents one Ordinary Share.
F2 On February 21, 2023, the Reporting Person was granted 103,000 RSUs under the Amarin Corporation plc 2020 Stock Incentive Plan, which vest upon achievement of certain performance-based milestones 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. On January 10, 2024, the first of two performance-based milestones was achieved based on a predetermined formula tied to company cash balance as determined by the Issuer's Remuneration Committee of its Board of Directors, resulting in the vesting of 51,500 RSUs.
F3 Not applicable
F4 Represents withholding by the Issuer of shares in respect of tax liability incident to the vesting of a security issued in accordance with Rule 16b-3, and not a market sale of securities.
F5 Each RSU represents a contingent right to receive one Ordinary Share or cash in lieu thereof at the Issuer's discretion.