Wendy L. Dixon - 23 Dec 2021 Form 4 Insider Report for INCYTE CORP (INCY)

Role: Director
Signature: /s/ Maria Pasquale, Attorney-In-Fact
Issuer symbol: INCY
Transactions as of: 23 Dec 2021
Net transactions value: +$1,024,000
Form type: 4
Filing time: 27 Dec 2021, 15:11:15 UTC
Previous filing: 03 Dec 2021
Next filing: 04 Jan 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	INCY	Common Stock	Options Exercise	$1,465,000	+20,000	+116%	$73.25	37,259	23 Dec 2021	Direct	F1
transaction	INCY	Common Stock	Sale	$441,000	-20,000	-54%	$22.05	17,259	23 Dec 2021	Direct	F2, F3

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	INCY	Non Qualfied Stock Option (right to buy)	Options Exercise	$0	-20,000	-100%	$0.000000^*	0	23 Dec 2021	Common Stock	20,000	$73.25	Direct	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents weighted average sale price. Actual sale prices ranged from $73.01 - $73.54. Reporting person undertakes to provide upon request by Securities and Exchange Commission, the issuer or a security holder of the issuer detailed information regarding the price and number of shares sold within range indicated.
F2	This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by reporting person.
F3	Includes an aggregate of 1,923 shares of common stock issuable pursuant to previously reported restricted stock units that have not vested.
F4	Beginning May 30, 2012, options become exercisable in full on May 30, 2013.