Clay B. Siegall - 07 Dec 2021 Form 4 Insider Report for Seagen Inc.

Signature
By: /s/ Jennifer Prosba For: Clay B. Siegall
Issuer symbol
N/A
Transactions as of
07 Dec 2021
Net transactions value
-$5,570,413
Form type
4
Filing time
09 Dec 2021, 17:49:51 UTC
Previous filing
27 Sep 2021
Next filing
22 Dec 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SGEN Common Stock Options Exercise $43,065 +1,650 +0.25% $26.10 670,822 07 Dec 2021 Direct F1
transaction SGEN Common Stock Sale $241,791 -1,650 -0.25% $146.54 669,172 07 Dec 2021 Direct F1, F2, F3
transaction SGEN Common Stock Options Exercise $319,412 +12,238 +1.8% $26.10 681,410 07 Dec 2021 Direct F1
transaction SGEN Common Stock Sale $1,809,144 -12,238 -1.8% $147.83 669,172 07 Dec 2021 Direct F1, F2, F4
transaction SGEN Common Stock Options Exercise $383,435 +14,691 +2.2% $26.10 683,863 07 Dec 2021 Direct F1
transaction SGEN Common Stock Sale $2,178,235 -14,691 -2.1% $148.27 669,172 07 Dec 2021 Direct F1, F2, F5
transaction SGEN Common Stock Options Exercise $300,724 +11,522 +1.7% $26.10 680,694 07 Dec 2021 Direct F1
transaction SGEN Common Stock Sale $1,723,230 -11,522 -1.7% $149.56 669,172 07 Dec 2021 Direct F1, F2, F6
transaction SGEN Common Stock Options Exercise $139,583 +5,348 +0.8% $26.10 674,520 07 Dec 2021 Direct F1
transaction SGEN Common Stock Sale $804,232 -5,348 -0.79% $150.38 669,172 07 Dec 2021 Direct F1, F2, F7

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 SGEN Non-Qualified Stock Option (right to buy) Options Exercise $0 -1,650 -0.91% $0.000000 180,144 07 Dec 2021 Common Stock 1,650 $26.10 Direct F8
transaction SGEN Non-Qualified Stock Option (right to buy) Options Exercise $0 -12,238 -6.8% $0.000000 167,906 07 Dec 2021 Common Stock 12,238 $26.10 Direct F8
transaction SGEN Non-Qualified Stock Option (right to buy) Options Exercise $0 -14,691 -8.7% $0.000000 153,215 07 Dec 2021 Common Stock 14,691 $26.10 Direct F8
transaction SGEN Non-Qualified Stock Option (right to buy) Options Exercise $0 -11,522 -7.5% $0.000000 141,693 07 Dec 2021 Common Stock 11,522 $26.10 Direct F8
transaction SGEN Non-Qualified Stock Option (right to buy) Options Exercise $0 -5,348 -3.8% $0.000000 136,345 07 Dec 2021 Common Stock 5,348 $26.10 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Amount of securities beneficially owned following reported transactions includes restricted stock units subject to vesting.
F2 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
F3 Reflects sales of common stock executed in multiple transactions at prices ranging from $146.02 to $146.91. The price reported reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the sales were effected.
F4 Reflects sales of common stock executed in multiple transactions at prices ranging from $147.09 to $148.08. The price reported reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the sales were effected.
F5 Reflects sales of common stock executed in multiple transactions at prices ranging from $148.09 to $149.07. The price reported reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the sales were effected.
F6 Reflects sales of common stock executed in multiple transactions at prices ranging from $149.10 to $150.09. The price reported reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the sales were effected.
F7 Reflects sales of common stock executed in multiple transactions at prices ranging from $150.10 to $151.03. The price reported reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the sales were effected.
F8 Options vested at a rate of 25% on 8/20/13 and monthly thereafter until all the options were fully vested on 8/20/16.