Olsen Per Wold - 10 Jan 2022 Form 4 Insider Report for AMARIN CORP PLC\UK (AMRN)

Role
Director
Signature
/s/ Michael W. Kalb, by power of attorney
Issuer symbol
AMRN
Transactions as of
10 Jan 2022
Net transactions value
$0
Form type
4
Filing time
13 Jan 2022, 19:02:43 UTC
Previous filing
07 May 2021
Next filing
15 Jun 2022
SEC
View on sec.gov

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 Stock Option (Right to Buy) Award $0 +103,569 $0.000000 103,569 10 Jan 2022 Ordinary Shares 103,569 $3.33 Direct F1, F2
transaction AMRN Restricted Stock Units Award $0 +81,082 $0.000000 81,082 10 Jan 2022 Ordinary Shares 81,082 $0.000000 Direct F2, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 10, 2022, the Reporting Person was granted an option to purchase 103,569 Ordinary Shares under the Amarin Corporation plc 2020 Stock Incentive Plan (the "Plan"). The option shall vest and become exercisable in a single annual installment upon the one-year anniversary of the grant date of January 10, 2022.
F2 The Ordinary Shares may be represented by American Depositary Shares, each of which currently represents one Ordinary Share.
F3 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one Ordinary Share or cash in lieu thereof at the Issuer's discretion.
F4 On January 10, 2022, the Reporting Person was granted 81,082 RSUs under the Plan. The RSUs vest in equal annual installments over a three-year period, with each installment vesting upon the anniversary of the grant date of January 10, 2022.
F5 Not applicable.

Remarks:

These grants are made in accordance with the Issuer's previously disclosed non-employee director compensation program. In the event of a Change of Control (as defined in the Plan), each of the grants described in this Form 4 vests in full.