SEC Form 4 · accession 0001209191-16-133308
INCYTE CORP · INCY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Reid M Huber
Officer — EVP, Chief Scientific Officer
Period of report
Jul 15, 2016
Accepted (ET)
Jul 19, 2016 · 4:43 pm EDT
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,F2 | Jul 15, 2016 | A | 5,555 | $0.00 | A | 76,601 | 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)F3 | $83.83 | Jul 15, 2016 | A | 19,091 | A | — | Jul 14, 2026 | Common Stock | 19,091 | 19,091 | D |
Explanation of responses
- F1Represents award of restricted stock units ("RSUs") that will vest 25% annually over four years, subject to Mr. Huber'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.
- F2Includes an aggregate of 21,941 shares of common stock issuable pursuant to previously reported restricted stock units that have not vested.
- F3Beginning July 15, 2016, options become exercisable in 37 installments, with the first 25% vesting after one year and the remainder vesting monthly over three years.