SEC Form 4 · accession 0001209191-15-018691
INCYTE CORP · INCY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James M Daly
Officer — EVP, Chief Commercial Officer
Period of report
Feb 23, 2015
Accepted (ET)
Feb 25, 2015 · 5:29 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000879169
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 23, 2015 | M | 2,778 | $18.32 | A | 6,299 | D | |
| Common StockF1,F2,F3 | Feb 23, 2015 | S | 2,778 | $83.44 | D | 3,521 | D | |
| Common Stock | Feb 24, 2015 | M | 7,732 | $16.62 | A | 11,253 | D | |
| Common Stock | Feb 24, 2015 | M | 602 | $16.62 | A | 11,855 | D | |
| Common StockF2,F3,F4 | Feb 24, 2015 | S | 8,334 | $81.77 | D | 3,521 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F5 | $18.32 | Feb 23, 2015 | M | 2,778 | D | — | Feb 8, 2020 | Common Stock | 2,778 | 27,877 | D |
| Non-Qualified Stock Option (right to buy)F6 | $16.62 | Feb 24, 2015 | M | 7,732 | D | — | Oct 21, 2019 | Common Stock | 7,732 | 61,855 | D |
| Non-Qualified Stock Option (right to buy)F6 | $16.62 | Feb 24, 2015 | M | 602 | D | — | Oct 21, 2019 | Common Stock | 602 | 4,813 | D |
Explanation of responses
- F1Represents weighted average sale price. Actual sale prices ranged from $82.79 - $83.58.
- F2This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by reporting person.
- F3Reporting person undertakes to provide upon request by Securites and Exchange Commission, the issuer or a securityholder of the issuer detailed information regarding the price and number of shares sold within range indicated.
- F4Represents weighted average sale price. Actual sale prices ranged from $80.73 - $83.39.
- F5Beginning February 9, 2013, options become exercisable in 25 installments, with the first 33.33% vesting after one year and the remainder vesting monthly over two years.
- F6Beginning October 22, 2012, options become exercisable in 25 installments, with the first 33.33% vesting after one year and the remainder vesting monthly over two years.