Jean I. Liu - Feb 16, 2023 Form 4 Insider Report for Seagen Inc. (SGEN)

Role
Chief Legal Officer
Signature
By: /s/ Jennifer Prosba For: Jean I Liu
Stock symbol
SGEN
Transactions as of
Feb 16, 2023
Transactions value $
-$579,250
Form type
4
Date filed
2/21/2023, 06:33 PM
Previous filing
Jan 26, 2023
Next filing
Mar 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SGEN Common Stock Options Exercise $196K +5K +5.87% $39.15 90.1K Feb 16, 2023 Direct F1
transaction SGEN Common Stock Sale -$775K -5K -5.55% $155.00 85.1K Feb 16, 2023 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 -5K -22.28% $0.00 17.4K Feb 16, 2023 Common Stock 5K $39.15 Direct F3
* 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 8/25/2016 and monthly thereafter until all the options were fully vested on 8/25/19.