Marks Jason M. - May 2, 2022 Form 4 Insider Report for AMARIN CORP PLC\UK (AMRN)

Signature
/s/ Jason M. Marks
Stock symbol
AMRN
Transactions as of
May 2, 2022
Transactions value $
$0
Form type
4
Date filed
5/3/2022, 08:04 PM
Previous filing
Feb 8, 2022
Next filing
Aug 23, 2022

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 Award $0 +150K $0.00 150K May 2, 2022 Ordinary Shares 150K $0.00 Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one Ordinary Share or cash in lieu thereof at the Issuer's discretion.
F2 On May 2, 2022, the Reporting Person was granted 150,000 RSUs under the Amarin Corporation plc 2020 Stock Incentive Plan (the "2020 Plan"). These RSUs vest in three equal installments on each of May 2, 2023, May 2, 2024 and May 2, 2025.
F3 Not applicable.
F4 The Ordinary Shares may be represented by American Depositary Shares, each of which currently represents one Ordinary Share.

Remarks:

In the case of a Change of Control (as defined in the 2020 Plan), the grants described in this Form 4 vest in full. As of the date of this Form 4, the Reporting Person owns or holds the right to acquire an aggregate of 758,000 Ordinary Shares of the Issuer in the form of 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.