Amarin Corp Plc (AMRN)

[ramfan60]

Well keep this in mind..... in order for Holt to clean up he needs this to happen.

Mr. Holt will be issued a one-time grant of stock options giving him the right to purchase up to 5,000,000 shares subject to performance-based vesting with share price hurdles ranging from $2.50 to $15.00. Upon achievement of each share price hurdle, a set number of shares are earned.

For each share price hurdle to be achieved, the volume weighted average price of the shares over a 60-day calendar period must equal or exceed the applicable share price hurdle.

Once a share price hurdle has been achieved, the earned option shares are subject to an additional five months of time-based vesting to further support sustained stock price appreciation.

Mr. Holt has also agreed to purchase $300,000 worth of Amarin shares in the open market using personal funds.