SEC Form 4 · accession 0001209191-16-132576
AMARIN CORP PLC\UK · AMRN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Healy
Director
Period of report
Jul 11, 2016
Accepted (ET)
Jul 13, 2016 · 4:29 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000897448
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F1,F2 | $2.19 | Jul 11, 2016 | A | 28,847 | A | — | Jul 11, 2026 | Ordinary Shares | 28,847 | 28,847 | D |
| Restricted Stock UnitsF3,F4,F5,F2 | $0.00 | Jul 11, 2016 | A | 20,548 | A | — | — | Ordinary Shares | 20,548 | 20,548 | D |
Explanation of responses
- F1On July 11, 2016, the Reporting Person was granted an option to purchase 28,847 Ordinary Shares under the Amarin Corporation plc 2011 Stock Incentive Plan (the "Plan"). The shares subject to this option shall vest and become exercisable in a single annual installment upon the earlier of (i) the anniversary of the grant date of July 11, 2016 or (ii) the Issuer's annual general meeting of shareholders in 2017.
- F2The Ordinary Shares may be represented by American Depositary Shares, each of which currently represents one Ordinary Share.
- F3Each Restricted Stock Unit ("RSU") represents a contingent right to receive one Ordinary Share or cash in lieu thereof at the Issuer's discretion, with settlement to be made on a deferred basis, specifically upon the non-employee director's separation of service with the Issuer.
- F4On July 11, 2016, the Reporting Person was granted 20,548 RSUs under the Plan. The RSUs vest in equal annual installments over a three-year period, with each installment vesting upon the earlier of (i) the anniversary of the grant date of July 11, 2016 or (ii) the Issuer's annual general meeting of shareholders in such year.
- F5Not applicable.
Remarks
In the event of a Change of Control (as defined in the Plan), each of the grants described in this Form 4 vests in full.