VAUGHN B. HIMES - 15 Aug 2022 Form 4 Insider Report for Seagen Inc.

Signature
By: /s/ Jennifer Prosba For: Vaughn B Himes
Issuer symbol
N/A
Transactions as of
15 Aug 2022
Net transactions value
-$259,918
Form type
4
Filing time
17 Aug 2022, 21:13:18 UTC
Previous filing
22 Jun 2022
Next filing
01 Sep 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SGEN Common Stock Award $0 +12,014 +20% $0.000000 72,294 15 Aug 2022 Direct F1, F2, F3
transaction SGEN Common Stock Sale $112,002 -658 -0.91% $170.22 71,636 16 Aug 2022 Direct F3, F4
transaction SGEN Common Stock Sale $147,917 -869 -1.2% $170.22 70,767 16 Aug 2022 Direct F3, F4
holding SGEN Common Stock 119,471 15 Aug 2022 by Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares represent restricted stock units and will be settled in common stock upon vesting.
F2 Shares shall vest at a rate of 25% on each anniversary of August 15, 2022 until all shares are fully vested at the end of four years.
F3 Amount of securities beneficially owned following reported transactions includes restricted stock units subject to vesting and 82 shares acquired under the Amended and Restated 2000 Employee Stock Purchase Plan on July 29, 2022.
F4 Shares sold pursuant to a 10b5-1 arrangement to satisfy tax obligations arising out of the vesting of previously granted restricted stock units.