Herve Hoppenot - Jul 3, 2023 Form 4 Insider Report for INCYTE CORP (INCY)

Role
Chairman / CEO, Director, President
Signature
/s/ Elizabeth Feeney, Attorney-In-Fact
Stock symbol
INCY
Transactions as of
Jul 3, 2023
Transactions value $
-$2,698,431
Form type
4
Date filed
7/6/2023, 04:00 PM
Previous filing
Jan 24, 2023
Next filing
Jul 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INCY Common Stock Tax liability -$2.7M -43.5K -9.99% $62.08 392K Jul 3, 2023 Direct F1, F2
holding INCY Commont Stock 25.9K Jul 3, 2023 By GRAT F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld automatically by the Issuer to satisfy tax withholding obligations due at settlement of RSUs or performance shares previously reported in Table I as common stock.
F2 This includes an aggregate of 90,501 shares of common stock issuable pursuant to previously reported RSUs and earned performance shares that have not vested.
F3 On June 15, 2018, the reporting person contributed 103,033 shares to a grantor retained annuity trust (GRAT). On June 17, 2019, 20,407 shares were distributed by the GRAT to the reporting person in accordance with the terms of the GRAT and continue to be reported in this Form 4 as directly owned. In addition, on June 2, 2020 an additional 16,392 shares were distributed by the GRAT to the reporting person in accordance with the terms of the GRAT and continue to be reported in this Form 4 as directly owned. On June 22, 2021 an additional 19,033 shares were distributed by the GRAT to the reporting person in accordance with the terms of the GRAT and will be reported in this Form 4 as directly owned. On June 29, 2022 an additional 21,301 shares were distributed by the GRAT to the reporting person in accordance with the terms of the GRAT and will be reported in this Form 4 as directly owned.