Renee Lentini - Aug 2, 2023 Form 4 Insider Report for ImmunoGen, Inc. (IMGN)

Signature
/s/ Renee Lentini
Stock symbol
IMGN
Transactions as of
Aug 2, 2023
Transactions value $
-$1,799,577
Form type
4
Date filed
8/4/2023, 07:28 PM
Previous filing
Jul 5, 2023
Next filing
Sep 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IMGN Common Stock Options Exercise $95.6K +18.2K +79.75% $5.25 41.1K Aug 2, 2023 Direct
transaction IMGN Common Stock Options Exercise $93.2K +40.3K +98.26% $2.31* 81.4K Aug 2, 2023 Direct
transaction IMGN Common Stock Options Exercise $164K +36.1K +44.29% $4.55 117K Aug 2, 2023 Direct
transaction IMGN Common Stock Options Exercise $166K +23.8K +20.22% $6.98 141K Aug 2, 2023 Direct
transaction IMGN Common Stock Options Exercise $159K +29.9K +21.18% $5.32 171K Aug 2, 2023 Direct
transaction IMGN Common Stock Sale -$2.6M -148K -86.65% $17.55 22.8K Aug 2, 2023 Direct F1
transaction IMGN Common Stock Options Exercise $14.8K +6K +26.27% $2.47* 28.8K Aug 3, 2023 Direct
transaction IMGN Common Stock Options Exercise $66.2K +28.7K +99.34% $2.31* 57.5K Aug 3, 2023 Direct
transaction IMGN Common Stock Options Exercise $43.9K +16.4K +28.49% $2.68* 73.9K Aug 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
transaction IMGN Stock Option (right to buy) Options Exercise $0 -18.2K -50.05% $0.00 18.2K Aug 2, 2023 Common Stock 18.2K $5.25 Direct F2
transaction IMGN Stock Option (right to buy) Options Exercise $0 -40.3K -58.48% $0.00 28.7K Aug 2, 2023 Common Stock 40.3K $2.31 Direct F2
transaction IMGN Stock Option (right to buy) Options Exercise $0 -36.1K -68.75% $0.00 16.4K Aug 2, 2023 Common Stock 36.1K $4.55 Direct F3
transaction IMGN Stock Option (right to buy) Options Exercise $0 -23.8K -58.79% $0.00 16.6K Aug 2, 2023 Common Stock 23.8K $6.98 Direct F3
transaction IMGN Stock Option (right to buy) Options Exercise $0 -29.9K -31.25% $0.00 65.8K Aug 2, 2023 Common Stock 29.9K $5.32 Direct F3
transaction IMGN Stock Option (right to buy) Options Exercise $0 -28.7K -100% $0.00* 0 Aug 3, 2023 Common Stock 28.7K $2.31 Direct F3
transaction IMGN Stock Option (right to buy) Options Exercise $0 -6K -100% $0.00* 0 Aug 3, 2023 Common Stock 6K $2.47 Direct F2
transaction IMGN Stock Option (right to buy) Options Exercise $0 -16.4K -86.22% $0.00 2.62K Aug 3, 2023 Common Stock 16.4K $2.68 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.32 to $18.15, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within these ranges.
F2 Exercisable in three equal installments over three years starting on the first year anniversary of the grant.
F3 Exercisable as to 25% on the first year anniversary of the grant and 6.25% quarterly for the subsequent three years.