Paula J. Swain - 07 Jan 2022 Form 4 Insider Report for INCYTE CORP (INCY)

Role: EVP, Human Resources
Signature: /s/ Paula Swain
Issuer symbol: INCY
Transactions as of: 07 Jan 2022
Net transactions value: -$1,087
Form type: 4
Filing time: 11 Jan 2022, 15:18:49 UTC
Previous filing: 05 Jan 2022
Next filing: 21 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	$795,793	+10,870	+15%	$73.21	83,241	07 Jan 2022	Direct	F1
transaction	INCY	Common Stock	Sale	$796,880	-10,870	-13%	$73.31	72,371	07 Jan 2022	Direct	F2

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	-10,870	-100%	$0.000000^*	0	07 Jan 2022	Common Stock	10,870	$73.21	Direct	F3

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

Explanation of Responses:

Id	Content
F1	This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by reporting person.
F2	Includes an aggregate of 33,663 shares of common stock issuable pursuant to previously reported restricted stock units that have not vested.
F3	Beginning January 8, 2015, options become exercisable in 25 installments, with the first 33.33% vesting after one year and the remainder vesting monthly over two years.