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Equity (Tables)
6 Months Ended
Jun. 30, 2022
Equity [Abstract]  
Summarizes the Aggregate Number of Stock Options And Restricted Stock Unit

The following table summarizes the aggregate number of stock options and restricted stock units, or RSUs, outstanding under the Amarin Corporation plc 2020 Stock Incentive Plan, or the 2020 Plan, as of June 30, 2022:

 

 

June 30, 2022

 

Outstanding stock options

 

19,995,396

 

% of outstanding shares on a fully diluted basis

 

5

%

Outstanding RSUs

 

15,023,937

 

% of outstanding shares on a fully diluted basis

 

3

%

Summary of Euity Awards Activity

The following table represents equity awards activity during the six months ended June 30, 2022 and 2021:

 

 

For the Six Months Ended June 30,

 

 

2022

 

 

2021

 

Common shares issued for stock option exercises

 

25,247

 

 

 

810,459

 

Gross and net proceeds from stock option exercises

$

49,000

 

 

$

2,134,000

 

Common shares issued in settlement of vested RSUs

 

681,216

 

 

 

1,031,171

 

Shares retained for settlement of employee tax obligations  RSUs

 

222,634

 

 

 

398,214

 

Common shares issued in settlement of vested Performance-Based RSUs (1)

 

 

 

 

1,762,244

 

Shares retained for settlement of employee tax obligations ─ Performance-Based RSUs

 

 

 

 

747,955

 

Performance-based RSUs vested in connection with the achievement of certain regulatory and sales performance conditions associated with the REDUCE-IT clinical trial and subsequent revenue growth. These performance-based RSUs have fully vested as of August 2021.