Renee Lentini - 03 Feb 2023 Form 4 Insider Report for ImmunoGen, Inc.

Signature
/s/ Renee Lentini
Issuer symbol
N/A
Transactions as of
03 Feb 2023
Net transactions value
$0
Form type
4
Filing time
07 Feb 2023, 16:19:11 UTC
Previous filing
03 Jan 2023
Next filing
05 Jul 2023

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 IMGN Restricted Stock Unit Award $0 +25,305 $0.000000 25,305 03 Feb 2023 Common Stock 25,305 $0.000000 Direct F1, F2
transaction IMGN Stock Option (right to buy) Award $0 +50,610 $0.000000 50,610 03 Feb 2023 Common Stock 50,610 $4.66 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock.
F2 The RSUs vest over a three-year period, with 33 1/3% of the RSUs vesting on each of the first three anniversaries of the date of grant, subject to continued service through each vesting date.
F3 These options vest over a four-year period, with 25% of the shares vesting on the one-year anniversary of the date of grant, and thereafter an additional 6.25% of the shares vesting on each succeeding quarterly anniversary of the date of grant.