Aaron Berg - Jul 29, 2022 Form 4 Insider Report for AMARIN CORP PLC\UK (AMRN)

Role
EVP, President US
Signature
/s/ Jason Marks, by power of attorney
Stock symbol
AMRN
Transactions as of
Jul 29, 2022
Transactions value $
-$10,881
Form type
4
Date filed
8/2/2022, 08:07 PM
Previous filing
Mar 2, 2022
Next filing
Jan 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMRN Ordinary Shares Options Exercise +23.9K +6.04% 419K Jul 29, 2022 Direct F1, F2, F3, F4
transaction AMRN Ordinary Shares Tax liability -$10.9K -8.18K -1.95% $1.33 411K Jul 29, 2022 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 -23.9K -33.33% $0.00 47.8K Jul 29, 2022 Ordinary Shares 23.9K $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 August 2, 2021, the Reporting Person was granted 71,650 Restricted Stock Units ("RSUs") under the Amarin Corporation plc 2020 Stock Incentive Plan. These RSUs vest in three equal installments on each of July 31, 2022, July 31, 2023 and July 31, 2024. As the first vesting date fell on a weekend, the first vesting event occurred on July 29, 2022, the previous business day.
F3 Not applicable.
F4 Includes 3,368 shares purchased under the Issuer's 2017 Employee Stock Purchase Plan on May 31, 2022.
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:

In the case of a Change of Control (as defined in the Issuer's stock incentive plan), the grant described in this Form 4 vests in full. As of the date of this Form 4, the Reporting Person owns or holds the right to acquire an aggregate of 1,791,219 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.