Todd E. Simpson - 16 Aug 2021 Form 4 Insider Report for Seagen Inc.

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
18 Aug 2021, 20:28:00 UTC
Prior SEC filing
13 May 2021
Next SEC filing
02 Sep 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
By: /s/ Elizabeth Bekiroglu For: Todd E. Simpson

Key filing fact

Todd E. Simpson filed Form 4 for Seagen Inc. on 18 Aug 2021.

Key facts

  • This page summarizes Todd E. Simpson's Form 4 filing for Seagen Inc..
  • 4 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 18 Aug 2021, 20:28.

Change

  • Previous filing in this sequence was filed on 13 May 2021.
  • Current net transaction value: -$82,377.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SGEN transaction

Common Stock

Sale

Transaction value
$82,377
Shares
-533
Change %
-0.44%
Price
$154.55
Shares after
119,338
Date
16 Aug 2021
Ownership
Direct
Footnotes
F1, F2
SGEN transaction

Common Stock

Award

Transaction value
$0
Shares
+11,095
Change %
+9.3%
Price
$0.000000
Shares after
130,433
Date
16 Aug 2021
Ownership
Direct
Footnotes
F2, F3, F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SGEN transaction Derivative

Incentive Stock Option (right to buy)

Award

Transaction value
$0
Shares
+642
Change %
Price
$0.000000
Shares after
642
Date
16 Aug 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
642
Exercise price
$155.87
Footnotes
F5
SGEN transaction Derivative

Non-Qualified Stock Option (right to buy)

Award

Transaction value
$0
Shares
+26,427
Change %
Price
$0.000000
Shares after
26,427
Date
16 Aug 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
26,427
Exercise price
$155.87
Footnotes
F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Shares sold pursuant to a 10b5-1 arrangement to satisfy tax obligations arising out of the vesting of previously granted restricted stock units.

Footnote F2

Amount of securities beneficially owned following reported transactions includes restricted stock units subject to vesting.

Footnote F3

These shares represent restricted stock units and will be settled in common stock upon vesting.

Footnote F4

Shares shall vest at a rate of 25% on each anniversary of August 15, 2021 until all shares are fully vested at the end of four years.

Footnote F5

Options shall vest at a rate of 25% one year from grant date and monthly thereafter until all options are fully vested four years from grant date.

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