Roger D. Dansey - Dec 14, 2022 Form 4 Insider Report for Seagen Inc. (SGEN)

Role
President, Research and Develo
Signature
By: /s/ Jennifer Prosba For: Roger D. Dansey
Stock symbol
SGEN
Transactions as of
Dec 14, 2022
Transactions value $
-$578,372
Form type
4
Date filed
12/16/2022, 06:42 PM
Previous filing
Nov 14, 2022
Next filing
Jan 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SGEN Common Stock Options Exercise $43.4K +597 +0.61% $72.64 98.1K Dec 14, 2022 Direct F1
transaction SGEN Common Stock Sale -$80.6K -597 -0.61% $135.00 97.5K Dec 14, 2022 Direct F1, F2
transaction SGEN Common Stock Options Exercise $728K +9.4K +9.64% $77.45 107K Dec 14, 2022 Direct F1
transaction SGEN Common Stock Sale -$1.27M -9.4K -8.79% $135.00 97.5K Dec 14, 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 -597 -0.87% $0.00 68.1K Dec 14, 2022 Common Stock 597 $72.64 Direct F3
transaction SGEN Non-Qualified Stock Option (right to buy) Options Exercise $0 -9.4K -100% $0.00* 0 Dec 14, 2022 Common Stock 9.4K $77.45 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 Options vested at a rate of 25% on 8/30/2020. The remainder shall vest monthly until all the options are vested on 8/30/2023.
F4 Options vested at a rate of 25% on 8/30/2019 and monthly thereafter until all the options were fully vested on 8/30/22.