Roger D. Dansey - Mar 15, 2023 Form 4 Insider Report for Seagen Inc. (SGEN)

Role
President, R&D & CMO
Signature
By: /s/ Jennifer Prosba For: Roger D. Dansey
Stock symbol
SGEN
Transactions as of
Mar 15, 2023
Transactions value $
-$1,271,715
Form type
4
Date filed
3/17/2023, 04:20 PM
Previous filing
Sep 22, 2023
Next filing
Apr 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SGEN Common Stock Options Exercise $726K +10K +10.32% $72.64 107K Mar 15, 2023 Direct F1
transaction SGEN Common Stock Sale -$2M -10K -9.36% $199.81 96.9K Mar 15, 2023 Direct F1, F2, F3

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 -10K -26.26% $0.00 28.1K Mar 15, 2023 Common Stock 10K $72.64 Direct F4
* 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 $199.38 to $200.26. 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 Options vested at a rate of 25% on 8/30/2020. The remainder shall vest monthly until all the options are vested on 8/30/23.