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Filing Details

Accession Number:: 0001181431-12-042745
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2012-07-30 18:50:42
Reporting Period:: 2012-07-26

Filing Date:: 2012-07-30
Accepted Time:: 2012-07-30 18:50:42
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
897448	Amarin Corp Plc	AMRN	Pharmaceutical Preparations (2834)	000000000

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1199637	F John Thero	C/O Amarin Pharma, Inc. 1430 Route 206, Suite 200 Bedminster NJ 07921	President	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Ordinary Shares	Acquisiton	2012-07-26	9,450	$0.00	9,450	No	4	A	Direct
Ordinary Shares	Acquisiton	2012-07-27	150,926	$1.35	160,376	No	4	M	Direct
Ordinary Shares	Disposition	2012-07-27	150,926	$14.97	9,450	No	4	S	Direct
Ordinary Shares	Acquisiton	2012-07-27	150,000	$3.40	159,450	No	4	M	Direct
Ordinary Shares	Disposition	2012-07-27	150,000	$13.71	9,450	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	A	Direct
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Ordinary Shares	Restricted Stock Units	Acquisiton	2012-07-26	9,450	$0.00	9,450	$0.00
Ordinary Shares	Ordinary Shares	Disposition	2012-07-27	150,926	$0.00	150,926	$1.35
Ordinary Shares	Ordinary Shares	Disposition	2012-07-27	150,000	$0.00	150,000	$3.40

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
9,450		No	4	A	Direct
448,611	2019-12-21	No	4	M	Direct
750,000	2020-11-10	No	4	M	Direct

Footnotes

The Ordinary Shares may be represented by American Depositary Shares, each of which currently represents one Ordinary Share.
On February 1, 2012, the Reporting Person was granted 56,700 restricted stock units (the "RSUs") under the Amarin Corporation plc 2011 Stock Incentive Plan. Each RSU represents a contingent right to receive one Ordinary Share or cash in lieu thereof at the Issuer's discretion. The RSUs vest in six equal installments based on the Issuer's satisfaction of certain performance criteria and continued employment of the Reporting Person as provided in the Restricted Stock Unit Award Agreement between the Issuer and the Reporting Person. The performance criteria for the first installment was met, resulting in vesting of 9,450 RSUs.
These RSUs vest on July 26, 2013, subject to continued employment of the Reporting Person through such date. Ordinary Shares will be delivered to the Reporting Person as soon as practicable after the vesting date.
Each RSU represents a contingent right to receive one Ordinary Share or cash in lieu thereof at the Issuer's discretion.
The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 13, 2012.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.73 to $15.36, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.61 to $13.83, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.
On December 21, 2009, the Reporting Person was granted an option to purchase 900,000 Ordinary Shares under the Amarin Corporation plc 2002 Stock Option Plan. The stock option vests in four equal installments on December 21, 2010, June 21, 2011, June 21, 2012 and June 21, 2013.
On November 10, 2010, the Reporting Person was granted an option to purchase 1,200,000 Ordinary Shares under the Amarin Corporation plc 2002 Stock Option Plan. The stock option will vest in four equal annual installments on November 11, 2010, November 10, 2011, November 10, 2012 and November 10, 2013.
Since the date of the Reporting Person's last ownership report, he partially exercised the option granted December 21, 2009 in order to purchase 37,500 Ordinary Shares and transferred such Ordinary Shares to his ex-wife, all pursuant to a domestic relations order. The Reporting Person no longer reports as beneficially owned any securities owned by his ex-wife.
Since the date of the Reporting Person's last ownership report, he (i) partially exercised the option to purchase 37,500 Ordinary Shares and transferred such Ordinary Shares to his ex-wife, and (b) transferred the option to purchase 112,037 Ordinary Shares under the December 21, 2009 award to his ex-wife, all pursuant to a domestic relations order. The Reporting Person no longer reports as beneficially owned any securities owned by his ex-wife.
Since the date of the Reporting Person's last ownership report, he transferred the option to purchase 300,000 Ordinary Shares under the November 10, 2012 award pursuant to a domestic relations order. The Reporting Person no longer reports as beneficially owned any securities owned by his ex-wife.