Vaughn Himes - Mar 3, 2022 Form 4 Insider Report for Seagen Inc. (SGEN)

Role
Chief Technical Officer
Signature
By: /s/ Jennifer Prosba For: Vaughn B. Himes
Stock symbol
SGEN
Transactions as of
Mar 3, 2022
Transactions value $
-$1,211,358
Form type
4
Date filed
3/4/2022, 06:24 PM
Previous filing
Dec 22, 2021
Next filing
Mar 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SGEN Common Stock Options Exercise $283K +10.8K +18.22% $26.10 70.3K Mar 3, 2022 Direct F1
transaction SGEN Common Stock Sale -$1.38M -10.8K -15.41% $126.98 59.5K Mar 3, 2022 Direct F1, F2, F3
transaction SGEN Common Stock Options Exercise $30.2K +1.16K +1.94% $26.10 60.7K Mar 3, 2022 Direct F1
transaction SGEN Common Stock Sale -$148K -1.16K -1.91% $127.67 59.5K Mar 3, 2022 Direct F1, F2, F4
holding SGEN Common Stock 121K Mar 3, 2022 by Trust

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 -10.8K -47.42% $0.00 12K Mar 3, 2022 Common Stock 10.8K $26.10 Direct F5
transaction SGEN Non-Qualified Stock Option (right to buy) Options Exercise $0 -1.16K -9.62% $0.00 10.9K Mar 3, 2022 Common Stock 1.16K $26.10 Direct F5
* 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 and 88 shares acquired under the Amended and Restated 2000 Employee Stock Purchase Plan on January 31, 2022.
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 $126.52 to $127.43. 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 $127.58 to $128.01. 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 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.