Michael W. Kalb - Dec 31, 2021 Form 4 Insider Report for AMARIN CORP PLC\UK (AMRN)

Role
SVP and CFO
Signature
/s/ Michael W. Kalb
Stock symbol
AMRN
Transactions as of
Dec 31, 2021
Transactions value $
-$85,020
Form type
4
Date filed
1/4/2022, 08:08 PM
Previous filing
Sep 2, 2021
Next filing
Feb 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMRN Ordinary Shares Options Exercise +47.8K +22.66% 259K Dec 31, 2021 Direct F1, F2, F3, F4
transaction AMRN Ordinary Shares Tax liability -$85K -25.4K -9.81% $3.35 233K Dec 31, 2021 Direct F1, F5, F6

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 AMRN Restricted Stock Units Options Exercise $0 -47.8K -33.33% $0.00 95.5K Dec 31, 2021 Ordinary Shares 47.8K $0.00 Direct F1, F2, F3, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Ordinary Shares may be represented by American Depositary Shares, each of which currently represents one Ordinary Share.
F2 On January 4, 2021, the Reporting Person was granted 143,300 Restricted Stock Units ("RSUs") under the Amarin Corporation plc 2020 Stock Incentive Plan (the "2020 Plan"). These RSUs vest in three equal installments on each of December 31, 2021, December 31, 2022 and December 31, 2023. The first vesting event occurred on December 31, 2021.
F3 Not applicable.
F4 Includes 2,716 shares purchased under the Issuer's 2017 Employee Stock Purchase Plan on November 30, 2021.
F5 Represents withholding by the Issuer of shares in respect of tax liability incident to the vesting of a security issued in accordance with Rule 16b-3, and not a market sale of securities.
F6 Please see the section titled "Remarks" below for additional information.
F7 Each RSU represents a contingent right to receive one Ordinary Share or cash in lieu thereof at the Issuer's discretion.

Remarks:

As of the date of this Form 4, the Reporting Person owns or holds the right to acquire an aggregate of 1,265,743 Ordinary Shares of the Issuer in the form of Ordinary Shares, stock options and RSUs outstanding under the Issuer's stock incentive plans, including but not limited to certain performance-based RSUs that are earned only if certain pre-defined operational milestones are achieved and, in certain cases, then vest only if the recipient remains with the company for an extended period of time.