Cover
Cover | 12 Months Ended |
Dec. 31, 2022 | |
Document Information [Line Items] | |
Document Type | PRE 14A |
Amendment Flag | false |
Entity Information [Line Items] | |
Entity Registrant Name | AMARIN CORP PLC\UK |
Entity Central Index Key | 0000897448 |
Pay vs Performance Disclosure
Pay vs Performance Disclosure | 12 Months Ended | ||
Dec. 31, 2022 USD ($) | Dec. 31, 2021 USD ($) | Dec. 31, 2020 USD ($) | |
Pay vs Performance Disclosure [Table] | |||
Pay vs Performance [Table Text Block] | PAY VERSUS PERFORMANCE Pay Versus Performance Disclosure In accordance with rules adopted by the Securities and Exchange Commission pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, we provide the following disclosure regarding executive compensation for our principal executive officers (“PEOs”) and Non-PEO Year Summary John F. Thero¹ ($) Summary 1 Compensation , , Compensation 1,2,3 Average Non-PEO 1 Average Non-PEO 1,2,3 Value of Initial 4 Net Income Cash 5 TSR Peer (a) (b) (b) (c) (c) (d) (e) (f) (g) (h) (i) 2022 — 8,393,551 — 1,247,331 1,910,071 235,099 5.64 113.65 (106 ) 100.0 % 2021 9,635,654 5,834,553 (949,252 ) 3,521,093 2,873,934 1,563,924 15.72 126.45 8 100.0 % 2020 17,915,674 — 5,949,541 — 4,388,387 1,736,867 22.81 126.42 (18 ) 100.0 % 1. John F. Thero was our PEO from 2019 to 8/31/2021. Karim Mikhail was our PEO starting 9/01/2021. The individuals comprising the Non-PEO 2020 2021 2022 Joseph T. Kennedy Joseph T. Kennedy Michael W. Kalb Michael W. Kalb Michael W. Kalb Steven B. Ketchum, Ph.D. Steven B. Ketchum, Ph.D. Steven B. Ketchum, Ph.D. Aaron D. Berg Aaron D. Berg Aaron D. Berg Jason Marks Jason Marks Thomas Reilly 2. The amounts shown for Compensation Actually Paid have been calculated in accordance with Item 402(v) of Regulation S-K 3. Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEOs and the Non-PEO Year Summary Compensation John F. Thero Exclusion of Stock Inclusion of Equity John F. Thero Compensation Actually 2021 9,635,654 (8,421,183 ) (2,163,723 ) (949,252 ) 2020 17,915,674 (16,547,719 ) 4,581,586 5,949,541 Year Summary Compensation Karim Mikhail Exclusion of Stock Karim Mikhail Inclusion of Equity Karim Mikhail Compensation Actually 2022 8,393,551 (6,719,900 ) (426,320 ) 1,247,331 2021 5,834,553 (4,645,747 ) 2,332,287 3,521,093 Year Average Summary Non-PEO Average Exclusion of Non-PEO Average Inclusion of Non-PEO Average Compensation Non-PEO 2022 1,910,071 (928,504 ) (746,468 ) 235,099 2021 2,873,934 (2,212,177 ) 902,167 1,563,924 2020 4,388,387 (3,679,972 ) 1,028,452 1,736,867 The amounts in the Inclusion of Equity Values in the tables above are derived from the amounts set forth in the following tables: Year Year-End Fair Change in Fair Vesting-Date Change in Fair Fair Value at Value of Total - 2021 483,954 (122,958 ) 644,907 136,266 (3,305,892 ) 0 (2,163,723 ) 2020 4,273,070 0 308,516 0 0 0 4,581,586 Year Year-End Fair Change in Fair Vesting-Date Change in Fair Fair Value Value of Dividends Total - 2022 1,462,261 (1,691,095 ) 0 (197,486 ) 0 0 (426,320 ) 2021 2,663,658 (344,476 ) 38,307 (25,202 ) 0 0 2,332,287 Year Average Year-End Non-PEO Average Non-PEO Average Vesting- Non-PEO Average Non-PEO Average Fair Non-PEO Average Value Non-PEO Total - Non-PEO 2022 173,214 (377,438 ) 0 (202,228 ) (340,016 ) 0 (746,468 ) 2021 1,138,315 (251,447 ) 128,780 30,518 (143,999 ) 0 902,167 2020 943,558 0 84,894 0 0 0 1,028,452 4. The Peer Group TSR set forth in this table utilizes the NASDAQ Biotechnology Index (“NASD Biotech Index”), which we also utilize in the stock performance graph required by Item 201(e) of Regulation S-K 5. We determined Cash Preservation to be the most important financial performance measure used to link Company performance to Compensation Actually Paid to our PEOs and Non-PEO | ||
Company Selected Measure Name | Cash Preservation | ||
Named Executive Officers, Footnote [Text Block] | 1. John F. Thero was our PEO from 2019 to 8/31/2021. Karim Mikhail was our PEO starting 9/01/2021. The individuals comprising the Non-PEO 2020 2021 2022 Joseph T. Kennedy Joseph T. Kennedy Michael W. Kalb Michael W. Kalb Michael W. Kalb Steven B. Ketchum, Ph.D. Steven B. Ketchum, Ph.D. Steven B. Ketchum, Ph.D. Aaron D. Berg Aaron D. Berg Aaron D. Berg Jason Marks Jason Marks Thomas Reilly | ||
Peer Group Issuers, Footnote [Text Block] | The Peer Group TSR set forth in this table utilizes the NASDAQ Biotechnology Index (“NASD Biotech Index”), which we also utilize in the stock performance graph required by Item 201(e) of Regulation S-K | ||
Adjustment To PEO Compensation, Footnote [Text Block] | 3. Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEOs and the Non-PEO Year Summary Compensation John F. Thero Exclusion of Stock Inclusion of Equity John F. Thero Compensation Actually 2021 9,635,654 (8,421,183 ) (2,163,723 ) (949,252 ) 2020 17,915,674 (16,547,719 ) 4,581,586 5,949,541 Year Summary Compensation Karim Mikhail Exclusion of Stock Karim Mikhail Inclusion of Equity Karim Mikhail Compensation Actually 2022 8,393,551 (6,719,900 ) (426,320 ) 1,247,331 2021 5,834,553 (4,645,747 ) 2,332,287 3,521,093 The amounts in the Inclusion of Equity Values in the tables above are derived from the amounts set forth in the following tables: Year Year-End Fair Change in Fair Vesting-Date Change in Fair Fair Value at Value of Total - 2021 483,954 (122,958 ) 644,907 136,266 (3,305,892 ) 0 (2,163,723 ) 2020 4,273,070 0 308,516 0 0 0 4,581,586 Year Year-End Fair Change in Fair Vesting-Date Change in Fair Fair Value Value of Dividends Total - 2022 1,462,261 (1,691,095 ) 0 (197,486 ) 0 0 (426,320 ) 2021 2,663,658 (344,476 ) 38,307 (25,202 ) 0 0 2,332,287 | ||
Non-PEO NEO Average Total Compensation Amount | $ 1,910,071 | $ 2,873,934 | $ 4,388,387 |
Non-PEO NEO Average Compensation Actually Paid Amount | $ 235,099 | 1,563,924 | 1,736,867 |
Adjustment to Non-PEO NEO Compensation Footnote [Text Block] | Year Average Summary Non-PEO Average Exclusion of Non-PEO Average Inclusion of Non-PEO Average Compensation Non-PEO 2022 1,910,071 (928,504 ) (746,468 ) 235,099 2021 2,873,934 (2,212,177 ) 902,167 1,563,924 2020 4,388,387 (3,679,972 ) 1,028,452 1,736,867 Year Average Year-End Non-PEO Average Non-PEO Average Vesting- Non-PEO Average Non-PEO Average Fair Non-PEO Average Value Non-PEO Total - Non-PEO 2022 173,214 (377,438 ) 0 (202,228 ) (340,016 ) 0 (746,468 ) 2021 1,138,315 (251,447 ) 128,780 30,518 (143,999 ) 0 902,167 2020 943,558 0 84,894 0 0 0 1,028,452 | ||
Compensation Actually Paid vs. Total Shareholder Return [Text Block] | Description of Relationship Between PEO and Non-PEO The following chart sets forth the relationship between Compensation Actually Paid to our PEOs, the average of Compensation Actually Paid to our Non-PEO | ||
Compensation Actually Paid vs. Net Income [Text Block] | Description of Relationship Between PEO Non-PEO The following chart sets forth the relationship between Compensation Actually Paid to our PEOs, the average of Compensation Actually Paid to our Non-PEO | ||
Compensation Actually Paid vs. Company Selected Measure [Text Block] | Description of Relationship Between PEO and Non-PEO The following chart sets forth the relationship between Compensation Actually Paid to our PEOs, the average of Compensation Actually Paid to our Non-PEO | ||
Total Shareholder Return Vs Peer Group [Text Block] | Description of Relationship Between Company TSR and Peer Group TSR The following chart compares our cumulative TSR over the three most recently completed fiscal years to that of the NASDAQ Biotechnology Index over the same period. | ||
Tabular List [Table Text Block] | Tabular List of Most Important Financial [and Non-Financial] Performance Measures The following table presents the financial [and non-financial] performance measures that the Company considers to have been the most important in linking Compensation Actually Paid to our PEO[s] and other NEOs for 2022 to Company performance. The measures in this table are not ranked. [Table to be inserted] PEO Other NEOs PEO [NEO 1] [NEO 2] [NEO 3] [NEO 4, etc.] | ||
Total Shareholder Return Amount | $ 5.64 | 15.72 | 22.81 |
Peer Group Total Shareholder Return Amount | 113.65 | 126.45 | 126.42 |
Net Income (Loss) | $ (106,000,000) | $ 8,000,000 | $ (18,000,000) |
Company Selected Measure Amount | 1 | 1 | 1 |
John F. Thero [Member] | |||
Pay vs Performance Disclosure [Table] | |||
PEO Total Compensation Amount | $ 0 | $ 9,635,654 | $ 17,915,674 |
PEO Actually Paid Compensation Amount | 0 | $ (949,252) | $ 5,949,541 |
PEO Name | John F. Thero | John F. Thero | |
Karim Mikhail [Member] | |||
Pay vs Performance Disclosure [Table] | |||
PEO Total Compensation Amount | 8,393,551 | $ 5,834,553 | $ 0 |
PEO Actually Paid Compensation Amount | $ 1,247,331 | $ 3,521,093 | 0 |
PEO Name | Karim Mikhail | Karim Mikhail | |
PEO [Member] | John F. Thero [Member] | Exclusion of Stock Awards and Option Awards [Member] | |||
Pay vs Performance Disclosure [Table] | |||
Adjustment to Compensation Amount | $ (8,421,183) | (16,547,719) | |
PEO [Member] | John F. Thero [Member] | Inclusion of Equity Values [Member] | |||
Pay vs Performance Disclosure [Table] | |||
Adjustment to Compensation Amount | (2,163,723) | 4,581,586 | |
PEO [Member] | John F. Thero [Member] | Year End Fair Value Of Equity Awards Granted During Year That Remained Unvested As Of Last Day Of Year [Member] | |||
Pay vs Performance Disclosure [Table] | |||
Adjustment to Compensation Amount | 483,954 | 4,273,070 | |
PEO [Member] | John F. Thero [Member] | Change In Fair Value From Last Day Of Prior Year To Last Day Of Year Of Unvested Equity Awards [Member] | |||
Pay vs Performance Disclosure [Table] | |||
Adjustment to Compensation Amount | (122,958) | 0 | |
PEO [Member] | John F. Thero [Member] | Vesting Date Fair Value Of Equity Awards Granted During Year That Vested During Year [Member] | |||
Pay vs Performance Disclosure [Table] | |||
Adjustment to Compensation Amount | 644,907 | 308,516 | |
PEO [Member] | John F. Thero [Member] | Change In Fair Value From Last Day Of Prior Year To Vesting Date Of Unvested Equity Awards That Vested During Year [Member] | |||
Pay vs Performance Disclosure [Table] | |||
Adjustment to Compensation Amount | 136,266 | 0 | |
PEO [Member] | John F. Thero [Member] | Fair Value At Last Day Of Prior Year Of Equity Awards Forfeited During Year [Member] | |||
Pay vs Performance Disclosure [Table] | |||
Adjustment to Compensation Amount | (3,305,892) | 0 | |
PEO [Member] | John F. Thero [Member] | Value Of Dividends Or Other Earnings Paid On Equity Awards Not Otherwise Included [Member] | |||
Pay vs Performance Disclosure [Table] | |||
Adjustment to Compensation Amount | 0 | 0 | |
PEO [Member] | Karim Mikhail [Member] | Exclusion of Stock Awards and Option Awards [Member] | |||
Pay vs Performance Disclosure [Table] | |||
Adjustment to Compensation Amount | $ (6,719,900) | (4,645,747) | |
PEO [Member] | Karim Mikhail [Member] | Inclusion of Equity Values [Member] | |||
Pay vs Performance Disclosure [Table] | |||
Adjustment to Compensation Amount | (426,320) | 2,332,287 | |
PEO [Member] | Karim Mikhail [Member] | Year End Fair Value Of Equity Awards Granted During Year That Remained Unvested As Of Last Day Of Year [Member] | |||
Pay vs Performance Disclosure [Table] | |||
Adjustment to Compensation Amount | 1,462,261 | 2,663,658 | |
PEO [Member] | Karim Mikhail [Member] | Change In Fair Value From Last Day Of Prior Year To Last Day Of Year Of Unvested Equity Awards [Member] | |||
Pay vs Performance Disclosure [Table] | |||
Adjustment to Compensation Amount | (1,691,095) | (344,476) | |
PEO [Member] | Karim Mikhail [Member] | Vesting Date Fair Value Of Equity Awards Granted During Year That Vested During Year [Member] | |||
Pay vs Performance Disclosure [Table] | |||
Adjustment to Compensation Amount | 0 | 38,307 | |
PEO [Member] | Karim Mikhail [Member] | Change In Fair Value From Last Day Of Prior Year To Vesting Date Of Unvested Equity Awards That Vested During Year [Member] | |||
Pay vs Performance Disclosure [Table] | |||
Adjustment to Compensation Amount | (197,486) | (25,202) | |
PEO [Member] | Karim Mikhail [Member] | Fair Value At Last Day Of Prior Year Of Equity Awards Forfeited During Year [Member] | |||
Pay vs Performance Disclosure [Table] | |||
Adjustment to Compensation Amount | 0 | 0 | |
PEO [Member] | Karim Mikhail [Member] | Value Of Dividends Or Other Earnings Paid On Equity Awards Not Otherwise Included [Member] | |||
Pay vs Performance Disclosure [Table] | |||
Adjustment to Compensation Amount | 0 | 0 | |
Non-PEO NEO [Member] | Exclusion of Stock Awards and Option Awards [Member] | |||
Pay vs Performance Disclosure [Table] | |||
Adjustment to Compensation Amount | (928,504) | (2,212,177) | (3,679,972) |
Non-PEO NEO [Member] | Inclusion of Equity Values [Member] | |||
Pay vs Performance Disclosure [Table] | |||
Adjustment to Compensation Amount | (746,468) | 902,167 | 1,028,452 |
Non-PEO NEO [Member] | Year End Fair Value Of Equity Awards Granted During Year That Remained Unvested As Of Last Day Of Year [Member] | |||
Pay vs Performance Disclosure [Table] | |||
Adjustment to Compensation Amount | 173,214 | 1,138,315 | 943,558 |
Non-PEO NEO [Member] | Change In Fair Value From Last Day Of Prior Year To Last Day Of Year Of Unvested Equity Awards [Member] | |||
Pay vs Performance Disclosure [Table] | |||
Adjustment to Compensation Amount | (377,438) | (251,447) | 0 |
Non-PEO NEO [Member] | Vesting Date Fair Value Of Equity Awards Granted During Year That Vested During Year [Member] | |||
Pay vs Performance Disclosure [Table] | |||
Adjustment to Compensation Amount | 0 | 128,780 | 84,894 |
Non-PEO NEO [Member] | Change In Fair Value From Last Day Of Prior Year To Vesting Date Of Unvested Equity Awards That Vested During Year [Member] | |||
Pay vs Performance Disclosure [Table] | |||
Adjustment to Compensation Amount | (202,228) | 30,518 | 0 |
Non-PEO NEO [Member] | Fair Value At Last Day Of Prior Year Of Equity Awards Forfeited During Year [Member] | |||
Pay vs Performance Disclosure [Table] | |||
Adjustment to Compensation Amount | (340,016) | (143,999) | 0 |
Non-PEO NEO [Member] | Value Of Dividends Or Other Earnings Paid On Equity Awards Not Otherwise Included [Member] | |||
Pay vs Performance Disclosure [Table] | |||
Adjustment to Compensation Amount | $ 0 | $ 0 | $ 0 |