The July 23, 2026 options become exercisable in 37 installments, with the first 25% vesting after one year and the remainder vesting monthly over three years.
Heeson Lee
EVP, Head of Incyte Intl·Direct
Grant · Acquire
Performance SharesDerivative
Shares+13.50K
Price$0.00
Total Value$0
Shares Owned After13.50K
Transaction DateJul 23, 2026
ExpiresJul 23, 2029
Footnotes ▸
Each performance share represents the right to receive up to 200% of one share of common stock. Such shares may be earned based upon the issuer's relative total shareholder return ("TSR") over a three-year performance period beginning on January 1, 2026 as compared to the TSR of companies in a fixed peer group, as set forth in the Performance Share Award Agreement. The earned shares will vest on the third anniversary of the grant date subject to the Reporting Person's continued service with the issuer. | Each performance share represents the right to receive up to 200% of one share of common stock. Such shares may be earned based upon the issuer's relative total shareholder return ("TSR") over a three-year performance period beginning on January 1, 2026 as compared to the TSR of companies in a fixed peer group, as set forth in the Performance Share Award Agreement. The earned shares will vest on the third anniversary of the grant date subject to the Reporting Person's continued service with the issuer.
Post-Transaction Holdings
Heeson Lee
Security
Shares
Change
Employee Stock Option (right to buy)
15.42K
+15.42K
Performance Shares
13.50K
+13.50K
Original SEC Filing Textexpand_more
=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-07-23
10b5-1 Pre-arranged Plan: No
--- Issuer ---
Name: INCYTE CORP (INCY)
CIK: 0000879169
--- Reporting Owner ---
Name: Heeson Lee
CIK: 0002039219
Role: Officer (EVP, Head of Incyte Intl)
--- Derivative Transactions ---
[Transaction #1]
Security: Employee Stock Option (right to buy)
Date: 2026-07-23 | Code: A (Grant or award)
Shares: +15,423 | Price: $0.00
Exercisable: N/A | Expires: 2036-07-22
Shares Owned After: 15,423 | Ownership: D (Direct)
Footnotes:
[F1] The July 23, 2026 options become exercisable in 37 installments, with the first 25% vesting after one year and the remainder vesting monthly over three years.
[Transaction #2]
Security: Performance Shares
Date: 2026-07-23 | Code: A (Grant or award)
Shares: +13,498 | Price: $0.00
Exercisable: N/A | Expires: 2029-07-23
Shares Owned After: 13,498 | Ownership: D (Direct)
Footnotes:
[F2] Each performance share represents the right to receive up to 200% of one share of common stock. Such shares may be earned based upon the issuer's relative total shareholder return ("TSR") over a three-year performance period beginning on January 1, 2026 as compared to the TSR of companies in a fixed peer group, as set forth in the Performance Share Award Agreement. The earned shares will vest on the third anniversary of the grant date subject to the Reporting Person's continued service with the issuer.
[F2] Each performance share represents the right to receive up to 200% of one share of common stock. Such shares may be earned based upon the issuer's relative total shareholder return ("TSR") over a three-year performance period beginning on January 1, 2026 as compared to the TSR of companies in a fixed peer group, as set forth in the Performance Share Award Agreement. The earned shares will vest on the third anniversary of the grant date subject to the Reporting Person's continued service with the issuer.
--- Footnotes (Complete Index) ---
F1: The July 23, 2026 options become exercisable in 37 installments, with the first 25% vesting after one year and the remainder vesting monthly over three years.
F2: Each performance share represents the right to receive up to 200% of one share of common stock. Such shares may be earned based upon the issuer's relative total shareholder return ("TSR") over a three-year performance period beginning on January 1, 2026 as compared to the TSR of companies in a fixed peer group, as set forth in the Performance Share Award Agreement. The earned shares will vest on the third anniversary of the grant date subject to the Reporting Person's continued service with the issuer.
--- Signature ---
/s/ /s/ Elizabeth Feeney, Attorney-In-Fact (2026-07-27)
