X0306 4 2020-01-17 0 0000879169 INCYTE CORP INCY 0001780915 Morrissey Michael James 1801 AUGUSTINE CUT-OFF WILMINGTON DE 19803 0 1 0 0 EVP, Head of Tech. Operations Common Stock 2020-01-17 4 A 0 5741 0.00 A 48680 D Common Stock 2020-01-17 4 F 0 59 80.50 D 48621 D Represents award of restricted stock units ("RSUs") that will vest 25% annually over four years, subject to Mr. Morrissey's continued service with the Issuer through the applicable vesting dates. The RSUs may be settled only for shares of common stock on a one-for-one basis. Represents shares withheld automatically by the Issuer to satisfy tax withholding obligations due at settlement of restricted stock units previously reported in Table I as common stock. Including the January 17, 2020 Restricted Stock Unit Grant, this includes an aggregate of 15,917 shares of common stock issuable pursuant to previously reported restricted stock units that have not vested. /s/ Michael J. Purvis, Attorney-In-Fact 2020-01-22