SEC Form 4 · accession 0001209191-16-090548
INCYTE CORP · INCY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul Trower
Officer — Principal Accounting Officer
Period of report
Jan 7, 2016
Accepted (ET)
Jan 8, 2016 · 4:39 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 StockF1 | Jan 7, 2016 | A | 822 | $0.00 | A | 8,418 | 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)F2 | $95.76 | Jan 7, 2016 | A | 5,047 | A | — | Jan 6, 2023 | Common Stock | 5,047 | 5,047 | D |
| Incentive Stock Option (right to buy)F2 | $95.76 | Jan 7, 2016 | A | 869 | A | — | Jan 6, 2023 | Common Stock | 869 | 869 | D |
Explanation of responses
- F1Represents award of restricted stock units ("RSUs") that will vest in full on January 7, 2019, subject to Mr. Trower'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.
- F2Beginning January 7, 2016, options become exercisable in 25 installments, with the first 33.33% vesting after one year and the remainder vesting monthly over two years.