Incyte (INCY) director Jacqualyn Fouse awarded RSUs and 6,111 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Incyte Corp director Jacqualyn A. Fouse received new equity awards consisting of restricted stock units and stock options. She was granted 1,642 RSUs that vest in full on the first anniversary of the grant date, or earlier if the next regular annual stockholder meeting occurs first, or upon a change of control as defined in the RSU plan. The RSUs settle into common stock on a one-for-one basis. She also received a non-qualified stock option for 6,111 shares of common stock at an exercise price of $100.64 per share, vesting on the same schedule and expiring in 2036. Following these awards, she directly holds 20,968 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
FOUSE JACQUALYN A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non Qualfied Stock Option (right to buy) | 6,111 | $0.00 | -- |
| Grant/Award | Common Stock | 1,642 | $0.00 | -- |
Holdings After Transaction:
Non Qualfied Stock Option (right to buy) — 6,111 shares (Direct, null);
Common Stock — 20,968 shares (Direct, null)
Footnotes (1)
- This award of restricted stock units ("RSUs") vests in full on the first anniversary of the date of grant or, if earlier, the date of the next regular annual meeting of the Company's stockholders or upon a change of control (as defined in the RSU plan). The RSUs may be settled only for shares of common stock on a one-for-one basis. Including this grant, this includes an aggregate of 1,642 shares of common stock issuable pursuant to previously reported restricted stock units that have not vested. This option vests in full on the first anniversary of the date of grant, or if earlier, the date of the next regular annual meeting of the Company's stockholders or upon change of control (as defined in the option plan).
Key Figures
RSU grant size: 1,642 RSUs
Option grant size: 6,111 options
Option exercise price: $100.64 per share
+2 more
5 metrics
RSU grant size
1,642 RSUs
Award to director on grant date
Option grant size
6,111 options
Non-qualified stock option award
Option exercise price
$100.64 per share
Strike price for 6,111-share option
Shares held after grant
20,968 shares
Common stock directly held following awards
Option expiration
June 7, 2036
Expiration date of non-qualified stock option
Key Terms
restricted stock units, RSUs, Non Qualfied Stock Option (right to buy), change of control
4 terms
restricted stock units financial
"This award of restricted stock units ("RSUs") vests in full on the first anniversary"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSUs financial
"The RSUs may be settled only for shares of common stock on a one-for-one basis"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
Non Qualfied Stock Option (right to buy) financial
"This option vests in full on the first anniversary of the date of grant"
change of control financial
"or upon a change of control (as defined in the RSU plan)"
A change of control occurs when the ownership or management of a company shifts significantly, such as through a sale, merger, or acquisition, resulting in new leadership or ownership structure. This change can impact the company's direction and decision-making, which is important for investors because it may affect the company's stability, strategy, and future prospects.