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Equity (Tables)
3 Months Ended
Mar. 31, 2023
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 March 31, 2023:

 

 

March 31, 2023

 

Outstanding stock options

 

19,638,850

 

% of outstanding shares on a fully-diluted basis

 

4

%

Outstanding RSUs

 

18,203,692

 

% of outstanding shares on a fully-diluted basis

 

4

%

Summary of Equity Awards Activity

The following table represents equity awards activity during the three months ended March 31, 2023 and 2022:

 

 

Three months ended March 31,

 

 

2023

 

 

2022

 

Common shares issued for stock option exercises

 

1,232,263

 

 

 

10,602

 

Gross and net proceeds from stock option exercises

$

1,871,758

 

 

$

30,000

 

Common shares issued in settlement of vested RSUs

 

2,270,674

 

 

 

493,381

 

Shares retained for settlement of employee tax obligations  RSUs

 

716,438

 

 

 

161,083

 

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

 

244,274

 

 

 

 

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

 

111,085

 

 

 

 

Performance-based RSUs vested in connection with the achievement of certain sales performance conditions on February 21, 2023. These performance-based RSUs will vest over a three-year period based on continuous service from the grant date.