Paula J. Swain - Jul 2, 2022 Form 4 Insider Report for INCYTE CORP (INCY)

Signature
/s/ Elizabeth Feeney, Attorney-In-Fact
Stock symbol
INCY
Transactions as of
Jul 2, 2022
Transactions value $
-$205,971
Form type
4
Date filed
7/6/2022, 04:12 PM
Previous filing
Jan 21, 2022
Next filing
Jan 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INCY Common Stock Award $0 +9.92K +13.71% $0.00 82.3K Jul 2, 2022 Direct F1
transaction INCY Common Stock Tax liability -$206K -2.6K -3.16% $79.25 79.7K Jul 5, 2022 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 Employee Stock Option (right to buy) Award $0 +13.4K $0.00 13.4K Jul 2, 2022 Common Stock 13.4K $77.67 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents award of restricted stock units ("RSUs") that will vest 25% annually over four years, subject to Paula Swain's continued service with the issuer through the applicable vesting dates. The RSUs may be settled only for shares of common stock on a one-for-one basis.
F2 Represents shares withheld automatically by the Issuer to satisfy tax withholding obligations due at settlement of RSUs or earned performance shares previously reported in Table I as common stock.
F3 Including the July 2, 2022 RSU Grant, this includes an aggregate of 25,227 shares of common stock issuable pursuant to previously reported RSUs and earned performance shares that have not vested.
F4 Beginning July 2, 2022, options become exercisable in 37 installments, with the first 25% vesting after one year and the remainder vesting monthly over three years.