Daniel G. Welch - 15 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
15 Mar 2023
Net transactions value
-$641,704
Form type
4
Filing time
17 Mar 2023, 16:43:47 UTC
Previous filing
16 Mar 2023
Next filing
12 Apr 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SGEN Common Stock Options Exercise $79,076 +2,037 +28% $38.82 9,256 15 Mar 2023 Direct F1
transaction SGEN Common Stock Sale $407,502 -2,037 -22% $200.05 7,219 15 Mar 2023 Direct F1, F2, F3
transaction SGEN Common Stock Sale $64,016 -320 -4.4% $200.05 6,899 15 Mar 2023 Direct F2, F3
transaction SGEN Common Stock Sale $249,262 -1,246 -5.1% $200.05 23,060 15 Mar 2023 by Trust 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 -2,037 -67% $0.000000 995 15 Mar 2023 Common Stock 2,037 $38.82 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 $200.00 to $200.20. 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 were fully vested on 5/19/17.