Marvin L. White - Jan 29, 2022 Form 4 Insider Report for Aptevo Therapeutics Inc. (APVO)

Signature
/s/ Carl A. Valenstein, attorney-in-fact
Stock symbol
APVO
Transactions as of
Jan 29, 2022
Transactions value $
$0
Form type
4
Date filed
2/1/2022, 05:01 PM
Previous filing
May 24, 2021
Next filing
Mar 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APVO Common Stock Options Exercise +4.79K +22.85% 25.8K Jan 29, 2022 Direct F1

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 Restricted Stock Unit Options Exercise $0 +4.79K +100.02% $0.00 9.58K Jan 29, 2022 Common Stock 4.79K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Units ("RSUs") convert into common stock, $0.001 par value per share, of the Issuer on a one-for-one basis.
F2 On January 29, 2021, the reporting person was granted 14,375 RSUs, vesting in three approximately equal annual installments beginning on January 29, 2022.