Aaron Berg - Jul 31, 2024 Form 4 Insider Report for AMARIN CORP PLC\UK (AMRN)

Role
President and CEO
Signature
s/ Tom Reilly, by power of attorney
Stock symbol
AMRN
Transactions as of
Jul 31, 2024
Transactions value $
-$9,175
Form type
4
Date filed
8/1/2024, 04:54 PM
Previous filing
Feb 9, 2024
Next filing
Aug 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMRN Ordinary Shares Options Exercise +23.9K +3.77% 657K Jul 31, 2024 Direct F1, F2, F3
transaction AMRN Ordinary Shares Tax liability -$9.18K -11.8K -1.79% $0.78 645K Jul 31, 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 Options Exercise $0 +23.9K $0.00* 0 Jul 31, 2023 Ordinary Shares 23.9K $0.00 Direct F1, F2, F3, F5
transaction AMRN Stock Option (right to buy) Award $0 +5M $0.00 5M Aug 1, 2024 Ordinary Shares 5M $0.62 Direct F1, F6
* 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 August 2, 2021, the Reporting Person was granted 71,650 Restricted Stock Units ("RSUs") under the Amarin Corporation plc 2020 Stock Incentive Plan. These RSUs vest in three equal installments on each of July 31, 2022, July 31, 2023 and July 31, 2024.
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.
F6 In connection with the Reporting Person's initial appointment as President and Chief Executive Officer of the Issuer, on August 1, 2024 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 $1.25 to $10.00, subject to five months of further time-based vesting once a share price hurdle has been achieved.