Murray Stewart - Jan 9, 2023 Form 4 Insider Report for AMARIN CORP PLC\UK (AMRN)

Role
Director
Signature
/s/ Murray Stewart
Stock symbol
AMRN
Transactions as of
Jan 9, 2023
Transactions value $
$0
Form type
4
Date filed
1/12/2023, 07:03 PM
Previous filing
Jun 27, 2022
Next filing
Aug 11, 2023

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 +224K $0.00 224K Jan 9, 2023 Ordinary Shares 224K $1.48 Direct F1, F2
transaction AMRN Restricted Stock Units Award $0 +182K $0.00 182K Jan 9, 2023 Ordinary Shares 182K $0.00 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 9, 2023, the Reporting Person was granted an option to purchase 223,560 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 9, 2023.
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, with settlement to be made on a deferred basis, specifically upon the non-employee director's separation of service with the Issuer.
F4 On January 9, 2023, the Reporting Person was granted 182,433 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 9, 2023.
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.