Daniel G. Welch - 13 Mar 2023 Form 4 Insider Report for Seagen Inc.

Role
Director
Signature
By: /s/ Jennifer Prosba For: Daniel G. Welch
Issuer symbol
N/A
Transactions as of
13 Mar 2023
Net transactions value
-$4,877,286
Form type
4
Filing time
16 Mar 2023, 06:05:07 UTC
Previous filing
09 Feb 2023
Next filing
17 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SGEN Common Stock Options Exercise $223,526 +5,758 +60% $38.82 15,407 13 Mar 2023 Direct F1
transaction SGEN Common Stock Options Exercise $11,303 +283 +1.8% $39.94 15,690 13 Mar 2023 Direct F1
transaction SGEN Common Stock Sale $57,268 -283 -1.8% $202.36 15,407 13 Mar 2023 Direct F1, F2, F3
transaction SGEN Common Stock Options Exercise $53,839 +1,348 +8.7% $39.94 16,755 13 Mar 2023 Direct F1
transaction SGEN Common Stock Sale $271,662 -1,348 -8% $201.53 15,407 13 Mar 2023 Direct F1, F2, F4
transaction SGEN Common Stock Options Exercise $304,702 +7,629 +50% $39.94 23,036 13 Mar 2023 Direct F1
transaction SGEN Common Stock Sale $1,528,089 -7,629 -33% $200.30 15,407 13 Mar 2023 Direct F1, F2, F5
transaction SGEN Common Stock Sale $420,020 -2,098 -14% $200.20 13,309 13 Mar 2023 Direct F1, F2, F6
transaction SGEN Common Stock Sale $43,127 -214 -1.6% $201.53 13,095 13 Mar 2023 Direct F1, F2, F7
transaction SGEN Common Stock Sale $8,903 -44 -0.34% $202.35 13,051 13 Mar 2023 Direct F1, F2, F8
transaction SGEN Common Stock Sale $14,800 -74 -0.57% $200.00 12,977 14 Mar 2023 Direct F1, F2
transaction SGEN Common Stock Options Exercise $18,245 +470 +3.6% $38.82 13,447 14 Mar 2023 Direct F1
transaction SGEN Common Stock Sale $94,000 -470 -3.5% $200.00 12,977 14 Mar 2023 Direct F1, F2
transaction SGEN Common Stock Sale $1,151,945 -5,758 -44% $200.06 7,219 13 Mar 2023 Direct F1, F2, F9
transaction SGEN Common Stock Sale $1,643,642 -8,210 -24% $200.20 25,575 13 Mar 2023 by Trust F2, F6
transaction SGEN Common Stock Sale $162,836 -808 -3.2% $201.53 24,767 13 Mar 2023 by Trust F2, F7
transaction SGEN Common Stock Sale $35,008 -173 -0.7% $202.36 24,594 13 Mar 2023 by Trust F2, F8
transaction SGEN Common Stock Sale $57,600 -288 -1.2% $200.00 24,306 14 Mar 2023 by Trust F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SGEN Non-Qualified Stock Option (right to buy) Options Exercise $0 -5,758 -62% $0.000000 3,502 13 Mar 2023 Common Stock 5,758 $38.82 Direct F10
transaction SGEN Non-Qualified Stock Option (right to buy) Options Exercise $0 -470 -13% $0.000000 3,032 14 Mar 2023 Common Stock 470 $38.82 Direct F10
transaction SGEN Non-Qualified Stock Option (right to buy) Options Exercise $0 -283 -3.1% $0.000000 8,977 13 Mar 2023 Common Stock 283 $39.94 Direct F11
transaction SGEN Non-Qualified Stock Option (right to buy) Options Exercise $0 -1,348 -15% $0.000000 7,629 13 Mar 2023 Common Stock 1,348 $39.94 Direct F11
transaction SGEN Non-Qualified Stock Option (right to buy) Options Exercise $0 -7,629 -100% $0.000000* 0 13 Mar 2023 Common Stock 7,629 $39.94 Direct F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Amount of securities beneficially owned following reported transactions includes restricted stock units subject to vesting.
F2 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
F3 Reflects sales of common stock executed in multiple transactions at prices ranging from $202.12 to $202.47. The price reported reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the sales were effected.
F4 Reflects sales of common stock executed in multiple transactions at prices ranging from $201.05 to $202.04. The price reported reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the sales were effected.
F5 Reflects sales of common stock executed in multiple transactions at prices ranging from $200.00 to $200.94. The price reported reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the sales were effected.
F6 Reflects sales of common stock executed in multiple transactions at prices ranging from $200.00 to $200.94. The price reported reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the sales were effected.
F7 Reflects sales of common stock executed in multiple transactions at prices ranging from $201.05 to $202.04. The price reported reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the sales were effected.
F8 Reflects sales of common stock executed in multiple transactions at prices ranging from $202.12 to $202.47. The price reported reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the sales were effected.
F9 Reflects sales of common stock executed in multiple transactions at prices ranging from $200.00 to $200.31. The price reported reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the sales were effected.
F10 Options were fully vested on 5/19/17.
F11 Options were fully vested on 5/14/16.