SEC Form 4 · accession 0001209191-17-044409
INCYTE CORP · INCY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric H. Siegel
Officer — EVP, General Counsel
Period of report
Jul 5, 2017
Accepted (ET)
Jul 7, 2017 · 4:50 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 5, 2017 | A | 3,517 | $0.00 | A | 21,733 | 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 | $128.34 | Jul 5, 2017 | A | 11,349 | A | — | Jul 4, 2027 | Common Stock | 11,349 | 11,349 | D |
| Incentive Stock Option (right to buy)F3 | $128.34 | Jul 5, 2017 | A | 779 | A | — | Jul 4, 2027 | Common Stock | 779 | 779 | D |
Explanation of responses
- F1Represents award of restricted stock units ("RSUs") that will vest 25% annually over four years, subject to Mr. Siegel'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 11,187 shares of common stock issuable pursuant to previously reported restricted stock units that have not vested.
- F3Beginning July 5, 2017, options become exercisable in 37 installments, with the first 25% vesting after one year and the remainder vesting monthly over three years.