SEC Form 4 · accession 0001209191-18-002909
INCYTE CORP · INCY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David W Gryska
Officer — Executive Vice President, CFO
Period of report
Jan 5, 2018
Accepted (ET)
Jan 9, 2018 · 4:09 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 | Jan 5, 2018 | M | 6,760 | $83.83 | A | 20,752 | D | |
| Common StockF1,F2,F3,F4 | Jan 5, 2018 | S | 6,760 | $98.87 | D | 13,992 | 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 | $83.83 | Jan 5, 2018 | M | 6,760 | D | — | Jul 14, 2026 | Common Stock | 6,760 | 11,735 | D |
Explanation of responses
- F1This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by reporting person.
- F2Reporting 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.
- F3Represents weighted average sale price. Actual sale prices ranged from $98.56 - $99.39.
- F4This includes an aggregate of 13,316 shares of common stock issuable pursuant to previously reported restricted stock units that have not vested.
- F5Beginning 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.