Daniel G. Welch - 28 Aug 2023 Form 4 Insider Report for Seagen Inc.

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
29 Aug 2023, 18:22:59 UTC
Prior SEC filing
04 Aug 2023
Next SEC filing
15 Dec 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
By: /s/ Jennifer Prosba For: Daniel G. Welch

Key filing fact

Daniel G. Welch filed Form 4 for Seagen Inc. on 29 Aug 2023.

Key facts

  • This page summarizes Daniel G. Welch's Form 4 filing for Seagen Inc..
  • 5 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 29 Aug 2023, 18:22.

Change

  • Previous filing in this sequence was filed on 04 Aug 2023.
  • Current net transaction value: -$783,951.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SGEN transaction

Common Stock

Options Exercise

Transaction value
$245,762
Shares
+1,812
Change %
+22%
Price
$135.63
Shares after
10,109
Date
28 Aug 2023
Ownership
Direct
Footnotes
F1
SGEN transaction

Common Stock

Sale

Transaction value
$314,367
Shares
-1,503
Change %
-15%
Price
$209.16
Shares after
8,606
Date
28 Aug 2023
Ownership
Direct
Footnotes
F1, F2, F3
SGEN transaction

Common Stock

Sale

Transaction value
$378,726
Shares
-1,812
Change %
-21%
Price
$209.01
Shares after
6,794
Date
28 Aug 2023
Ownership
Direct
Footnotes
F1, F2, F4
SGEN transaction

Common Stock

Sale

Transaction value
$336,619
Shares
-1,610
Change %
-13%
Price
$209.08
Shares after
10,725
Date
28 Aug 2023
Ownership
by Trust
Footnotes
F1, F2, F5

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SGEN transaction Derivative

Non-Qualified Stock Option (right to buy)

Options Exercise

Transaction value
$0
Shares
-1,812
Change %
-100%
Price
$0.000000*
Shares after
0
Date
28 Aug 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,812
Exercise price
$135.63
Footnotes
F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

Amount of securities beneficially owned following reported transactions includes restricted stock units subject to vesting.

Footnote F2

Sales reported in this Form 4 were effected pursuant to written plans, entered into on September 7, 2022, that are intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Footnote F3

Reflects sales of common stock executed in multiple transactions at prices ranging from $209.06 to $209.25. The price reported reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the sales were effected.

Footnote F4

Reflects sales of common stock executed in multiple transactions at prices ranging from $208.92 to $209.21. The price reported reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the sales were effected.

Footnote F5

Reflects sales of common stock executed in multiple transactions at prices ranging from $208.92 to $209.25. The price reported reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the sales were effected.

Footnote F6

Options vested in full on 5/13/23.

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