Dashyant Dhanak - Jun 10, 2021 Form 4 Insider Report for INCYTE CORP (INCY)

Role: EVP & Chief Scientific Officer
Signature: /s/ Dashyant Dhanak
Stock symbol: INCY
Transactions as of: Jun 10, 2021
Transactions value $: -$82,975
Form type: 4
Date filed: 6/14/2021, 04:28 PM
Previous filing: Jun 3, 2021
Next filing: Jul 2, 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	INCY	Common Stock	Options Exercise	$252K	+3.85K	+14.48%	$65.42	30.4K	Jun 10, 2021	Direct
transaction	INCY	Common Stock	Sale	-$335K	-3.85K	-12.65%	$87.00	26.5K	Jun 10, 2021	Direct	F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	INCY	Non-Qualified Stock Option (right to buy)	Options Exercise	$0	-3.85K	-12.5%	$0.00	26.9K	Jun 10, 2021	Common Stock	3.85K	$65.42	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by reporting person.
F2	This includes an aggregate of 21,565 shares of common stock issuable pursuant to previously reported restricted stock units and earned performance shares that have not vested.
F3	Beginning December 10, 2018, options become exercisable in 37 installments, with the first 25% vesting after one year and the remainder vesting monthly over three years.