TODD E. SIMPSON - 15 Aug 2022 Form 4 Insider Report for Seagen Inc.

Role
Chief Financial Officer
Signature
By: /s/ Jennifer Prosba For: Todd E. Simpson
Issuer symbol
N/A
Transactions as of
15 Aug 2022
Net transactions value
-$334,813
Form type
4
Filing time
17 Aug 2022, 21:19:05 UTC
Previous filing
16 May 2022
Next filing
01 Sep 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SGEN Common Stock Award $0 +15,447 +12% $0.000000 143,338 15 Aug 2022 Direct F1, F2, F3
transaction SGEN Common Stock Sale $146,555 -861 -0.6% $170.22 142,477 16 Aug 2022 Direct F3, F4
transaction SGEN Common Stock Sale $188,258 -1,106 -0.78% $170.22 141,371 16 Aug 2022 Direct F3, F4
* 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.
F4 Shares sold pursuant to a 10b5-1 arrangement to satisfy tax obligations arising out of the vesting of previously granted restricted stock units.