Amarin Corp Plc (AMRN)

[IslandOfMisfitToys]

OMG Amarin's latest PR an hour ago. They say:

The Amarin Board of Directors, consistent with standard public company practice and in line with its fiduciary responsibilities, authorized its management compensation plan for 2023. Contrary to Sarissa’s claims, the timing of the plan approval was in February, which is consistent with previous years. In addition, as part of this year’s compensation plan (like all prior years), all Amarin employees globally received annual performance grants. Sarissa’s comment that Karim Mikhail’s equity grants vest “solely based on the passage of time” is also another misrepresentation of the facts. Mr. Mikhail’s compensation package includes performance-based grants, which are only triggered if performance thresholds are achieved.

The new grant included: (1) 1,601,500 option shares that vest solely on time, (2) 800,800 restricted stock units that vest solely on time. He had a past grant with performance conditions, but that grant was only 100,000 shares (BFD), and besides, we're OBVIOUSLY talking about the CURRENT GRANTS, not past grants!

Just how stupid do these criminals think we are???