This was yesterday so it was acted on today
Item 3.02 Unregistered Sales of Equity Securities.
On September 16, 2013, Incyte Corporation (the "Company") entered into separately negotiated agreements with certain holders of the Company's 4.75% Convertible Senior Notes due 2015 (the "Notes") pursuant to which such holders agreed to exchange $37,287,000 in aggregate principal amount of Notes for the shares of the Company's common stock, par value $.001 per share ("Common Stock"), into which such Notes were convertible, aggregating 4,249,228 shares, and $1,491,480 in cash. Each exchanging holder will also receive accrued interest through the date of completion of its exchange. The Company expects to complete the exchanges on September 18, 2013. The issuances of the shares of Common Stock in exchange for the Notes are being made in reliance on the exemption from the registration requirements of the Securities Act of 1933 pursuant to Section 3(a)(9) thereof.