[Form 4] Incyte Genomics Inc Insider Trading Activity
Incyte Corp granted long鈥憈erm equity awards to its Executive Vice President of Human Resources consisting of 6,506 restricted stock units that vest 25% annually, 16,265 performance shares, and 29,230 stock options
Incyte Corp ha assegnato premi azionari a lungo termine al suo Executive Vice President of Human Resources, comprensivi di 6.506 unit脿 azionarie vincolate (RSU) che maturano al 25% ogni anno, 16.265 azioni di performance collegate al rendimento totale relativo dell'azionista su tre anni (ogni azione maturata pu貌 corrispondere fino al 200% di una azione ordinaria) e 29.230 opzioni su azioni con prezzo di esercizio di 84,76$ che maturano in circa quattro anni con 37 tranche. Le RSU e le azioni di performance si liquidano in azioni ordinarie con rapporto uno a uno; le azioni di performance maturate vengono assegnate alla fine del periodo triennale di performance, subordinatamente al proseguimento del servizio. Questi premi sono incentivi tipici di retention e performance per un dirigente senior.
Incyte Corp otorg贸 premios de capital a largo plazo a su Executive Vice President of Human Resources que consisten en 6.506 unidades restringidas de acciones (RSU) que consolidan un 25% anual, 16.265 acciones por rendimiento vinculadas al rendimiento total relativo para el accionista en tres a帽os (cada acci贸n ganada puede pagarse hasta un 200% de una acci贸n ordinaria) y 29.230 opciones sobre acciones con un precio de ejercicio de 84,76$ que se consolidan en aproximadamente cuatro a帽os en 37 cuotas. Las RSU y las acciones por rendimiento se convierten en acciones ordinarias a raz贸n de una por una; las acciones por rendimiento ganadas se consolidan al final del periodo de tres a帽os, sujetas a la continuidad del servicio. Estos premios son incentivos habituales de retenci贸n y rendimiento para un alto ejecutivo.
Incyte Corp電� 鞚胳偓齑濌磩(Executive Vice President of Human Resources)鞐愱矊 鞛リ赴 歆�攵� 氤挫儊鞚� 攵�鞐枅鞙茧┌, 攴� 雮挫毄鞚� 鞐瓣皠 25%鞌� 氩犾姢韺呺悩電� 6,506臧滌潣 鞝滍暅攵� 欤检嫕 雼渼(RSU), 3雲勱皠鞚� 靸侂寑 齑濎＜欤检垬鞚惦鞐� 鞐半彊霅� 16,265臧滌潣 靹标臣欤�(靹标臣 雼劚 鞁� 臧� 欤茧嫻 斓滊寑 氤错喌欤� 200% 歆�旮� 臧�電�), 攴鸽Μ瓿� 頄夓偓臧� 84.76雼煬鞚� 29,230臧滌潣 鞀ろ啞鞓奠厴鞙茧 鞎� 4雲勳棎 瓯胳硱 37須� 攵勴暊搿� 氩犾姢韺呺惄雼堧嫟. RSU鞕� 靹标臣欤茧姅 1雽�1 牍勳湪搿� 氤错喌欤茧 鞝曥偘霅橂┌, 靹标臣欤茧姅 3雲� 靹标臣旮瓣皠 膦呺 鞁滌爯鞐� 瓿勳啀 攴茧毳� 鞝勳牅搿� 氩犾姢韺呺惄雼堧嫟. 鞚措煬頃� 氤挫儊鞚� 瓿犾渼 鞛勳洂鞚� 鞙勴暅 鞚茧皹鞝侅澑 鞙犾 氚� 靹标臣 鞚胳劶韹半笇鞛呺媹雼�.
Incyte Corp a accord茅 des r茅compenses en actions 脿 long terme 脿 son Executive Vice President of Human Resources, comprenant 6 506 unit茅s d'actions restreintes (RSU) qui acqui猫rent 25 % par an, 16 265 actions de performance li茅es au rendement total relatif des actionnaires sur trois ans (chaque action acquise pouvant payer jusqu'脿 200 % d'une action ordinaire) et 29 230 options d'achat d'actions 脿 un prix d'exercice de 84,76 $ qui acqui猫rent en environ quatre ans en 37 versements. Les RSU et les actions de performance se r猫glent en actions ordinaires au ratio un pour un ; les actions de performance acquises deviennent d茅finitives 脿 la fin de la p茅riode de performance de trois ans, sous r茅serve de la poursuite du service. Ces attributions constituent des incitations de r茅tention et de performance standard pour un cadre sup茅rieur.
Incyte Corp gew盲hrte seinem Executive Vice President of Human Resources langfristige Aktienzuteilungen bestehend aus 6.506 Restricted Stock Units (RSU), die zu 25% j盲hrlich vesten, 16.265 Performance Shares, die an die relative dreij盲hrige Gesamtrendite f眉r Aktion盲re gekoppelt sind (jede erzielte Aktie kann bis zu 200% einer Stammaktie auszahlen), und 29.230 Aktienoptionen mit einem Aus眉bungspreis von 84,76$, die sich 眉ber etwa vier Jahre in 37 Tranchen vesten. Die RSU und Performance Shares werden eins zu eins in Stammaktien abgewickelt; erzielte Performance Shares vesten am Ende des dreij盲hrigen Leistungszeitraums vorbehaltlich fortgesetzter Dienstzeit. Diese Zuwendungen sind 眉bliche Bindungs- und Leistungsanreize f眉r eine leitende F眉hrungskraft.
- Mix of award types (RSUs, performance shares, options) aligns executive pay with retention and multi鈥憏ear shareholder performance
- Performance shares tied to relative TSR align incentives with peer鈥憆elative shareholder outcomes and can strengthen long鈥憈erm focus
- Vesting schedules (annual RSU vesting and multi鈥憏ear option schedule) support retention through continued service
- Potential dilution if performance shares are earned and options are exercised (total possible shares are material in aggregate)
- Options exercisable at $84.76 create upside transfer to holder if stock rises significantly, which could be dilutive to existing shareholders
Insights
TL;DR: Executive equity grants signal retention focus with modest near鈥憈erm dilution but tie pay to multi鈥憏ear performance.
The package combines time鈥慴ased RSUs, performance鈥慴ased shares tied to relative TSR, and long鈥慸ated options, aligning compensation with shareholder returns and long鈥憈erm service. The option strike of $84.76 creates upside only if stock exceeds that level before expiration, while performance shares can deliver up to 2x per share if relative TSR targets are met. Aggregate share counts (6,506 RSUs, 16,265 performance shares potential, 29,230 options) imply future dilution if fully settled or exercised, but typical vesting schedules and performance hurdles limit immediate share overhang. Overall, the grants are customary for senior HR leadership and primarily aim to retain and incentivize long鈥憈erm performance.
TL;DR: Grants follow common governance practices: mix of time, performance, and option awards with service鈥慴ased vesting.
The awards include clear service and performance conditions: RSUs vest 25% annually, performance shares depend on relative TSR over three years, and options vest in staged installments. Performance metrics tied to peer TSR align executive outcomes with shareholder value creation, which is governance鈥憄ositive when peer group and measurement details are disclosed elsewhere. The multi鈥憏ear vesting helps retention but increases potential dilution if performance hurdles are achieved and options are exercised. No governance red flags are evident from the disclosed terms alone.
Incyte Corp ha assegnato premi azionari a lungo termine al suo Executive Vice President of Human Resources, comprensivi di 6.506 unit脿 azionarie vincolate (RSU) che maturano al 25% ogni anno, 16.265 azioni di performance collegate al rendimento totale relativo dell'azionista su tre anni (ogni azione maturata pu貌 corrispondere fino al 200% di una azione ordinaria) e 29.230 opzioni su azioni con prezzo di esercizio di 84,76$ che maturano in circa quattro anni con 37 tranche. Le RSU e le azioni di performance si liquidano in azioni ordinarie con rapporto uno a uno; le azioni di performance maturate vengono assegnate alla fine del periodo triennale di performance, subordinatamente al proseguimento del servizio. Questi premi sono incentivi tipici di retention e performance per un dirigente senior.
Incyte Corp otorg贸 premios de capital a largo plazo a su Executive Vice President of Human Resources que consisten en 6.506 unidades restringidas de acciones (RSU) que consolidan un 25% anual, 16.265 acciones por rendimiento vinculadas al rendimiento total relativo para el accionista en tres a帽os (cada acci贸n ganada puede pagarse hasta un 200% de una acci贸n ordinaria) y 29.230 opciones sobre acciones con un precio de ejercicio de 84,76$ que se consolidan en aproximadamente cuatro a帽os en 37 cuotas. Las RSU y las acciones por rendimiento se convierten en acciones ordinarias a raz贸n de una por una; las acciones por rendimiento ganadas se consolidan al final del periodo de tres a帽os, sujetas a la continuidad del servicio. Estos premios son incentivos habituales de retenci贸n y rendimiento para un alto ejecutivo.
Incyte Corp電� 鞚胳偓齑濌磩(Executive Vice President of Human Resources)鞐愱矊 鞛リ赴 歆�攵� 氤挫儊鞚� 攵�鞐枅鞙茧┌, 攴� 雮挫毄鞚� 鞐瓣皠 25%鞌� 氩犾姢韺呺悩電� 6,506臧滌潣 鞝滍暅攵� 欤检嫕 雼渼(RSU), 3雲勱皠鞚� 靸侂寑 齑濎＜欤检垬鞚惦鞐� 鞐半彊霅� 16,265臧滌潣 靹标臣欤�(靹标臣 雼劚 鞁� 臧� 欤茧嫻 斓滊寑 氤错喌欤� 200% 歆�旮� 臧�電�), 攴鸽Μ瓿� 頄夓偓臧� 84.76雼煬鞚� 29,230臧滌潣 鞀ろ啞鞓奠厴鞙茧 鞎� 4雲勳棎 瓯胳硱 37須� 攵勴暊搿� 氩犾姢韺呺惄雼堧嫟. RSU鞕� 靹标臣欤茧姅 1雽�1 牍勳湪搿� 氤错喌欤茧 鞝曥偘霅橂┌, 靹标臣欤茧姅 3雲� 靹标臣旮瓣皠 膦呺 鞁滌爯鞐� 瓿勳啀 攴茧毳� 鞝勳牅搿� 氩犾姢韺呺惄雼堧嫟. 鞚措煬頃� 氤挫儊鞚� 瓿犾渼 鞛勳洂鞚� 鞙勴暅 鞚茧皹鞝侅澑 鞙犾 氚� 靹标臣 鞚胳劶韹半笇鞛呺媹雼�.
Incyte Corp a accord茅 des r茅compenses en actions 脿 long terme 脿 son Executive Vice President of Human Resources, comprenant 6 506 unit茅s d'actions restreintes (RSU) qui acqui猫rent 25 % par an, 16 265 actions de performance li茅es au rendement total relatif des actionnaires sur trois ans (chaque action acquise pouvant payer jusqu'脿 200 % d'une action ordinaire) et 29 230 options d'achat d'actions 脿 un prix d'exercice de 84,76 $ qui acqui猫rent en environ quatre ans en 37 versements. Les RSU et les actions de performance se r猫glent en actions ordinaires au ratio un pour un ; les actions de performance acquises deviennent d茅finitives 脿 la fin de la p茅riode de performance de trois ans, sous r茅serve de la poursuite du service. Ces attributions constituent des incitations de r茅tention et de performance standard pour un cadre sup茅rieur.
Incyte Corp gew盲hrte seinem Executive Vice President of Human Resources langfristige Aktienzuteilungen bestehend aus 6.506 Restricted Stock Units (RSU), die zu 25% j盲hrlich vesten, 16.265 Performance Shares, die an die relative dreij盲hrige Gesamtrendite f眉r Aktion盲re gekoppelt sind (jede erzielte Aktie kann bis zu 200% einer Stammaktie auszahlen), und 29.230 Aktienoptionen mit einem Aus眉bungspreis von 84,76$, die sich 眉ber etwa vier Jahre in 37 Tranchen vesten. Die RSU und Performance Shares werden eins zu eins in Stammaktien abgewickelt; erzielte Performance Shares vesten am Ende des dreij盲hrigen Leistungszeitraums vorbehaltlich fortgesetzter Dienstzeit. Diese Zuwendungen sind 眉bliche Bindungs- und Leistungsanreize f眉r eine leitende F眉hrungskraft.
FAQ
What equity awards did the Incyte (INCY) executive receive?
How do the performance shares for INCY work?
When do the RSUs and options vest?
What is the potential dilution from these awards?
Do the awards require continued service to vest?
