SoYoung Kwon - Jun 1, 2021 Form 4 Insider Report for Aptevo Therapeutics Inc. (APVO)

Signature
/s/ SoYoung Kwon
Stock symbol
APVO
Transactions as of
Jun 1, 2021
Transactions value $
$0
Form type
4
Date filed
6/2/2021, 07:31 PM
Previous filing
Jun 2, 2021
Next filing
Mar 4, 2022

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 APVO Employee Stock Option (right to buy) Award $0 +16.5K $0.00 16.5K Jun 1, 2021 Common Stock 16.5K $26.15 Direct F1
transaction APVO Restricted Stock Unit Award $0 +5.5K $0.00 5.5K Jun 1, 2021 Common Stock 5.5K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option vests in three approximately equal annual installments beginning on June 1, 2022.
F2 Restricted stock units (the "RSUs") convert into shares of the Issuer's common stock on a one-for-one basis.
F3 The RSUs vest in three approximately equal annual installments beginning on June 1, 2022.

Remarks:

Title - Secretary, SVP and General Counsel.