SoYoung Kwon - 01 Jun 2021 Form 4 Insider Report for Aptevo Therapeutics Inc. (APVO)

Role: Title - Secretary, SVP and General Counsel.
Signature: /s/ SoYoung Kwon
Issuer symbol: APVO
Transactions as of: 01 Jun 2021
Net transactions value: $0
Form type: 4
Filing time: 02 Jun 2021, 19:31:16 UTC
Previous filing: 02 Jun 2021
Next filing: 04 Mar 2022
SEC: View on sec.gov

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	+16,500		$0.000000	16,500	01 Jun 2021	Common Stock	16,500	$26.15	Direct	F1
transaction	APVO	Restricted Stock Unit	Award	$0	+5,500		$0.000000	5,500	01 Jun 2021	Common Stock	5,500		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.