Patrick J. O'Sullivan - 27 Jun 2022 Form 4 Insider Report for AMARIN CORP PLC\UK (AMRN)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
29 Jun 2022, 20:05:28 UTC
Prior SEC filing
16 Jun 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Michael W. Kalb, by power of attorney

Key filing fact

Patrick J. O'Sullivan filed Form 4 for AMARIN CORP PLC\UK (AMRN) on 29 Jun 2022.

Key facts

  • This page summarizes Patrick J. O'Sullivan's Form 4 filing for AMARIN CORP PLC\UK (AMRN).
  • 2 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 29 Jun 2022, 20:05.

Change

  • Previous filing in this sequence was filed on 16 Jun 2021.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

AMRN transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value
$0
Shares
+115,919
Change %
Price
$0.000000
Shares after
115,919
Date
27 Jun 2022
Ownership
Direct
Underlying class
Ordinary Shares
Underlying amount
115,919
Exercise price
$1.92
Footnotes
F1, F2
AMRN transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+93,750
Change %
Price
$0.000000
Shares after
93,750
Date
27 Jun 2022
Ownership
Direct
Underlying class
Ordinary Shares
Underlying amount
93,750
Exercise price
$0.000000
Footnotes
F2, F3, F4, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

On June 27, 2022, the Reporting Person was granted an option to purchase 115,919 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 earlier of (i) the anniversary of the grant date of June 27, 2022 or (ii) the Issuer's annual general meeting of shareholders in 2023.

Footnote F2

The Ordinary Shares may be represented by American Depositary Shares, each of which currently represents one Ordinary Share.

Footnote 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.

Footnote F4

On June 27, 2022, the Reporting Person was granted 93,750 RSUs under the Plan. The RSUs vest in equal annual installments over a three-year period, with each installment vesting upon the earlier of (i) the anniversary of the grant date of June 27, 2022 or (ii) the Issuer's annual general meeting of shareholders in such year.

Footnote F5

Not applicable.

SEC 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. This number does not represent the aggregate number of Ordinary Shares of the Issuer this Reporting Person holds or has a right to acquire in the form of stock options and restricted stock units granted to such Reporting Person.

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