Roger D. Dansey - Jun 28, 2022 Form 4 Insider Report for Seagen Inc. (SGEN)

Role
Chief Medical Officer
Signature
By: /s/ Jessica Causey For: Roger D. Dansey
Stock symbol
SGEN
Transactions as of
Jun 28, 2022
Transactions value $
-$4,948,769
Form type
4
Date filed
6/30/2022, 06:02 PM
Previous filing
May 17, 2022
Next filing
Aug 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SGEN Common Stock Options Exercise $1.13M +17.4K +22.55% $65.11 94.3K Jun 28, 2022 Direct F1
transaction SGEN Common Stock Sale -$3.12M -17.4K -18.4% $180.00 77K Jun 28, 2022 Direct F1, F2
transaction SGEN Common Stock Options Exercise $59.4K +913 +1.19% $65.11 77.9K Jun 28, 2022 Direct F1
transaction SGEN Common Stock Sale -$164K -913 -1.17% $180.00 77K Jun 28, 2022 Direct F1, F2, F3
transaction SGEN Common Stock Options Exercise $47.9K +735 +0.95% $65.11 77.7K Jun 28, 2022 Direct F1
transaction SGEN Common Stock Sale -$132K -735 -0.95% $180.00 77K Jun 28, 2022 Direct F1, F2
transaction SGEN Common Stock Options Exercise $47.9K +735 +0.95% $65.11 77.7K Jun 28, 2022 Direct F1
transaction SGEN Common Stock Sale -$132K -735 -0.95% $180.00 77K Jun 28, 2022 Direct F1, F2
transaction SGEN Common Stock Sale -$2.68M -14.9K -19.35% $180.00 62.1K Jun 28, 2022 Direct F1, F2

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 -17.4K -79.1% $0.00 4.59K Jun 28, 2022 Common Stock 17.4K $65.11 Direct F4
transaction SGEN Non-Qualified Stock Option (right to buy) Options Exercise $0 -913 -19.9% $0.00 3.67K Jun 28, 2022 Common Stock 913 $65.11 Direct F4
transaction SGEN Non-Qualified Stock Option (right to buy) Options Exercise $0 -735 -20.01% $0.00 2.94K Jun 28, 2022 Common Stock 735 $65.11 Direct F4
transaction SGEN Non-Qualified Stock Option (right to buy) Options Exercise $0 -735 -25.01% $0.00 2.2K Jun 28, 2022 Common Stock 735 $65.11 Direct F4
* 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 $180.00 to $180.12 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 Options vested at a rate of 25% on 5/21/2019 and monthly thereafter until all the options were fully vested on 5/21/22.