SEC Form 4 · accession 0001209191-18-041610
INCYTE CORP · INCY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Yao Wenqing
Officer — EVP, Head of Discovery Chem
Period of report
Jul 2, 2018
Accepted (ET)
Jul 5, 2018 · 4:22 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, 2018 | F | 273 | $68.28 | D | 35,647 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F3 | $68.62 | Jul 2, 2018 | A | 22,772 | A | — | Jul 1, 2028 | Common Stock | 22,772 | 22,772 | D |
Explanation of responses
- F1Represents shares withheld automatically by the Issuer to satisfy tax withholding obligations due at settlement of restricted stock units previously reported in Table I as common stock.
- F2Includes an aggregate of 9,415 shares of common stock issuable pursuant to previously reported restricted stock units that have not vested.
- F3Beginning July 2, 2018, options become exercisable in 37 installments, with the first 25% vesting after one year and the remainder vesting monthly over three years.