Form 4 for INCY Incyte
Accepted 2023-01-24 00:00:00 ET · period of report 2023-01-20 · accession 0001209191-23-004569 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-01-24 | 2023-01-20 | INCY | Iyengar Vijay K | EVP, GMAPPS | A - Grant | $0.00 | +4,980 | 42.8K | +13% | $0 |
| D | 2023-01-24 | 2023-01-20 | INCY | Iyengar Vijay K | EVP, GMAPPS | A - Grant | $0.00 | +14.2K | 14.2K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-01-20 | A | A | 4,980 | $0.00 | 42,835 | D | — | — | (F1) Represents shares of common stock underlying performance shares earned upon the achievement of performance criteria determined to be satisfied on January 20, 2023. The earned shares will vest on the third anniversary of the July 2, 2020 grant date, subject to the Reporting Persons continued service with the Issuer. Each performance share represents the right to receive one or more shares of common stock based on, and subject to, the achievement of specified financial and development performance criteria determined by the Issuers Compensation Committee in January 2020 as set forth in the Performance Share Award Agreement. The number of shares of common stock that the Reporting Person is entitled to receive over the three year performance period ranges from 0% to 175% of the number of performance shares awarded. (F2) This includes an aggregate of 40,178 shares of common stock issuable pursuant to previously reported restricted stock units and earned performance stock units that have not vested. The aggregate amount also includes the additional Performance Stock Units earned on January 20, 2023. |
| 2 | Derivative | Employee Stock Option (right to buy) | 2023-01-20 | A | A | 14,194 | $0.00 | 14,194 | D | $83.20 · — to 2033-01-19 | 14,194 Common Stock | (F3) Beginning January 20, 2023, options become exercisable in 37 installments, with the first 25% vesting on July 2, 2023 and the remainder vesting monthly over three years. |