Wenqing Yao - 02 Jul 2021 Form 4 Insider Report for INCYTE CORP (INCY)

Reporting relationship: EVP, Head of Discovery Chem
Issuer ticker: INCY
Reported as of: 02 Jul 2021
Net transaction value: -$280,564
SEC form: 4
Accepted by SEC: 07 Jul 2021, 17:54:42 UTC
Prior SEC filing: 30 Jun 2021
Source filing: View source filing
Reporting owner signature: /s/ Wenqing Yao

Key filing fact

Wenqing Yao filed Form 4 for INCYTE CORP (INCY) on 07 Jul 2021.

Key facts

This page summarizes Wenqing Yao's Form 4 filing for INCYTE CORP (INCY).
4 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 07 Jul 2021, 17:54.

Change

Previous filing in this sequence was filed on 30 Jun 2021.
Current net transaction value: -$280,564.

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 non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

INCY transaction

Common Stock

Award

Transaction value: $0
Shares: +7,853
Change %: +8.3%
Price: $0.000000
Shares after: 101,933
Date: 02 Jul 2021
Ownership: Direct
Footnotes: F1

INCY transaction

Common Stock

Tax liability

Transaction value: $246,812
Shares: -2,953
Change %: -2.9%
Price: $83.58
Shares after: 98,980
Date: 02 Jul 2021
Ownership: Direct
Footnotes: F2

INCY transaction

Common Stock

Tax liability

Transaction value: $33,753
Shares: -405
Change %: -0.41%
Price: $83.34
Shares after: 98,575
Date: 06 Jul 2021
Ownership: Direct
Footnotes: F2, F3

Reported derivative securities

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

INCY transaction Derivative

Employee Stock Option (right to buy)

Award

Transaction value: $0
Shares: +15,054
Change %
Price: $0.000000
Shares after: 15,054
Date: 02 Jul 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 15,054
Exercise price: $83.58
Footnotes: F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Represents award of restricted stock units ("RSUs") that will vest 25% annually over four years, subject to Wenqing Yao's continued service with the issuer through the applicable vesting dates. The RSUs may be settled only for shares of common stock on a one-for-one basis.

Footnote F2

Represents shares withheld automatically by the Issuer to satisfy tax withholding obligations due at settlement of restricted stock units or earned performance shares previously reported in Table I as common stock.

Footnote F3

Including the July 2, 2021 Restricted Stock Unit Grant, this includes an aggregate of 58,773 shares of common stock issuable pursuant to previously reported restricted stock units and earned performance shares that have not vested.

Footnote F4

Beginning July 2, 2021, options become exercisable in 37 installments, with the first 25% vesting after one year and the remainder vesting monthly over three years.