Maria E. Pasquale - 31 Jan 2023 Form 4 Insider Report for INCYTE CORP (INCY)

Role: EVP & General Counsel
Signature: /s/ Elizabeth Feeney, Attorney-In-Fact
Issuer symbol: INCY
Transactions as of: 31 Jan 2023
Net transactions value: -$7,443
Form type: 4
Filing time: 02 Feb 2023, 15:00:11 UTC
Previous filing: 01 Feb 2023
Next filing: 06 Jul 2023
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	$59,974	+802	+1.2%	$74.78	69,326	31 Jan 2023	Direct
transaction	INCY	Common Stock	Sale	$67,416	-802	-1.2%	$84.06	68,524	31 Jan 2023	Direct	F1, 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-Qualified Stock Option (right to buy)	Options Exercise	$0	-802	-100%	$0.000000^*	0	31 Jan 2023	Common Stock	802	$74.78	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 49,571 shares of common stock issuable pursuant to previously reported restricted stock units and earned performance stock units that have not vested.
F3	Beginning January 2, 2022, options become exercisable in 37 installments, with the first 25% vesting on July 2, 2022 and the remainder vesting monthly over three years.