Daphne Taylor - Mar 3, 2023 Form 3 Insider Report for Aptevo Therapeutics Inc. (APVO)

Role: SVP, CFO
Signature: /s/ SoYoung Kwon, Attorney-in-Fact
Stock symbol: APVO
Transactions as of: Mar 3, 2023
Transactions value $: $0
Form type: 3
Date filed: 3/7/2023, 03:30 PM
Next filing: Aug 10, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	APVO	Common Stock						3.84K	Mar 3, 2023	Direct

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
holding	APVO	Restricted Stock Unit							Mar 3, 2023	Common Stock	792		Direct	F1, F2
holding	APVO	Restricted Stock Unit							Mar 3, 2023	Common Stock	4.75K		Direct	F2, F3
holding	APVO	Restricted Stock Unit							Mar 3, 2023	Common Stock	13.9K		Direct	F2, F4
holding	APVO	Stock Option (right to buy)							Mar 3, 2023	Common Stock	2.4K	$6.97	Direct	F5
holding	APVO	Stock Option (right to buy)							Mar 3, 2023	Common Stock	514	$8.56	Direct	F6
holding	APVO	Stock Option (right to buy)							Mar 3, 2023	Common Stock	514	$8.56	Direct	F6
holding	APVO	Stock Option (right to buy)							Mar 3, 2023	Common Stock	516	$8.56	Direct	F6
holding	APVO	Stock Option (right to buy)							Mar 3, 2023	Common Stock	839	$8.56	Direct	F6
holding	APVO	Stock Option (right to buy)							Mar 3, 2023	Common Stock	7.13K	$33.50	Direct	F7
holding	APVO	Stock Option (right to buy)							Mar 3, 2023	Common Stock	4.75K	$5.30	Direct	F8

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Restricted Stock Units ("RSUs") vest in three approximately equal annual installments beginning on January 29, 2022. The RSUs were granted on January 29, 2021. As of the date of this filing, all but 792 shares had vested.
F2	Restricted Stock Units ("RSUs") convert into common stock, $0.001 par value per share, of the Issuer on a one-for-one basis.
F3	The RSUs vest in three approximately equal annual installments beginning on March 4, 2023. The RSUs were granted on June 7, 2022.
F4	The RSUs vest in two approximately equal annual installments beginning the day immediately prior to the annual anniversary of the grant date. The RSUs were granted on August 9, 2022.
F5	The option vests in three approximately equal annual installments beginning on February 18, 2021. The option was granted on February 18, 2020.
F6	The option vests in three approximately equal annual installments beginning on July 27, 2021. The option was granted on July 27, 2020.
F7	The option vests in three approximately equal annual installments beginning on January 29, 2022. The option was granted on January 29, 2021.
F8	The option vests in three approximately equal annual installments beginning on March 4, 2023. The option was granted on March 4, 2022.