SEC Form 4 · accession 0001209191-17-007167
AMARIN CORP PLC\UK · AMRN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven B Ketchum
Officer — Chief Scientific Officer
Period of report
Jan 31, 2017
Accepted (ET)
Feb 2, 2017 · 5:06 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000897448
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary SharesF1,F2,F3 | Jan 31, 2017 | M | 56,500 | — | A | 187,907 | D | |
| Ordinary SharesF1,F4,F3 | Jan 31, 2017 | M | 60,938 | — | A | 248,845 | D | |
| Ordinary SharesF1,F5,F3 | Jan 31, 2017 | M | 26,667 | — | A | 275,512 | D | |
| Ordinary SharesF1 | Jan 31, 2017 | F | 70,236 | $2.97 | D | 205,276 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF7,F2,F3,F1 | $0.00 | Jan 31, 2017 | M | 56,500 | D | — | — | Ordinary Shares | 56,500 | 0 | D |
| Restricted Stock UnitsF7,F4,F3,F1 | $0.00 | Jan 31, 2017 | M | 60,938 | D | — | — | Ordinary Shares | 60,938 | 60,937 | D |
| Restricted Stock UnitsF7,F5,F3,F1 | $0.00 | Jan 31, 2017 | M | 26,667 | D | — | — | Ordinary Shares | 26,667 | 53,333 | D |
| Stock Option (right to buy)F8,F1 | $2.95 | Feb 1, 2017 | A | 133,000 | A | — | Jan 31, 2027 | Ordinary Shares | 133,000 | 133,000 | D |
Explanation of responses
- F1The Ordinary Shares may be represented by American Depositary Shares, each of which currently represents one Ordinary Share.
- F2On January 8, 2014, the Reporting Person was granted 169,500 restricted stock units ("RSUs") under the Amarin Corporation plc 2011 Stock Incentive Plan. These RSUs vest in three equal installments on each of January 31, 2015, January 31, 2016 and January 31, 2017. The third and final vesting event occurred on January 31, 2017.
- F3Not applicable.
- F4On February 2, 2015, the Reporting Person was granted 182,813 RSUs under the Amarin Corporation plc 2011 Stock Incentive Plan. These RSUs vest in three equal installments on each of January 31, 2016, January 31, 2017 and January 31, 2018. The second vesting event occurred on January 31, 2017.
- F5On February 1, 2016, the Reporting Person was granted 80,000 RSUs under the Amarin Corporation plc 2011 Stock Incentive Plan. These RSUs vest in three equal installments on each of January 31, 2017, January 31, 2018 and January 31, 2019. The first vesting event occurred on January 31, 2017.
- F6Represents withholding by the Issuer of shares in respect of tax liability incident to the vesting of a security issued in accordance with Rule 16b-3, and not a market sale of securities.
- F7Each RSU represents a contingent right to receive one Ordinary Share or cash in lieu thereof at the Issuer's discretion.
- F8On February 1, 2017, the Reporting Person was granted an option to purchase 133,000 Ordinary Shares under the Amarin Corporation plc 2011 Stock Incentive Plan. The shares subject to this option shall vest and become exercisable in 48 equal monthly installments on the last day of each month starting on February 28, 2017.