Tracey L. McCain - Nov 15, 2021 Form 4 Insider Report for ImmunoGen, Inc. (IMGN)

Role
Director
Signature
/s/ Renee Lentini, attorney in fact
Stock symbol
IMGN
Transactions as of
Nov 15, 2021
Transactions value $
$249,920
Form type
4
Date filed
11/17/2021, 03:10 PM
Previous filing
Nov 5, 2021
Next filing
Dec 9, 2021

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 IMGN Deferred Share Unit Award $0 +30K $0.00 30K Nov 15, 2022 Common Stock 30K $0.00 Direct F1, F2, F3
transaction IMGN Stock Option (right to buy) Award $250K +44K $5.68 44K Nov 15, 2022 Common Stock 44K $5.68 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The deferred share units were issued pursuant to the Issuer's Compensation Policy for Non-Employee Directors and are convertible into Common Stock on a one-to-one basis.
F2 The vested deferred share units are to be settled 100% in shares of Common Stock of the Company upon the reporting person's retirement from the Board of Directors.
F3 The deferred share units vest ratably over a three-year period in quarterly increments beginning on December 1, 2021, contingent upon the individual remaining a director as of each vesting date.
F4 The stock options vest ratably over a three-year period in quarterly increments beginning on December 1, 2021, contingent upon the individual remaining a director as of each vesting date.