Clay B. Siegall - 12 May 2022 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
13 May 2022, 19:13:16 UTC
Prior SEC filing
06 May 2022
Next SEC filing
04 Oct 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
By: /s/ Jennifer Prosba For: Clay B. Siegall

Key filing fact

Clay B. Siegall filed Form 4 for Seagen Inc. on 13 May 2022.

Key facts

  • This page summarizes Clay B. Siegall's Form 4 filing for Seagen Inc..
  • 6 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 13 May 2022, 19:13.

Change

  • Previous filing in this sequence was filed on 06 May 2022.
  • Current net transaction value: -$1,697,295.

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
$168,345
Shares
+6,450
Change %
+0.97%
Price
$26.10
Shares after
672,510
Date
12 May 2022
Ownership
Direct
Footnotes
F1
SGEN transaction

Common Stock

Sale

Transaction value
$813,861
Shares
-6,450
Change %
-0.96%
Price
$126.18
Shares after
666,060
Date
12 May 2022
Ownership
Direct
Footnotes
F1, F2, F3
SGEN transaction

Common Stock

Options Exercise

Transaction value
$276,477
Shares
+10,593
Change %
+1.6%
Price
$26.10
Shares after
676,653
Date
12 May 2022
Ownership
Direct
Footnotes
F1
SGEN transaction

Common Stock

Sale

Transaction value
$1,328,256
Shares
-10,593
Change %
-1.6%
Price
$125.39
Shares after
666,060
Date
12 May 2022
Ownership
Direct
Footnotes
F1, F2, F4

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
-6,450
Change %
-9.5%
Price
$0.000000
Shares after
61,722
Date
12 May 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
6,450
Exercise price
$26.10
Footnotes
F5
SGEN transaction Derivative

Non-Qualified Stock Option (right to buy)

Options Exercise

Transaction value
$0
Shares
-10,593
Change %
-17%
Price
$0.000000
Shares after
51,129
Date
12 May 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
10,593
Exercise price
$26.10
Footnotes
F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

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

Footnote F2

The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.

Footnote F3

Reflects sales of common stock executed in multiple transactions at prices ranging from $126.00 to $126.55. 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 $125.00 to $125.99. 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

Options vested at a rate of 25% on 8/20/13 and monthly thereafter until all the options were fully vested on 8/20/16.

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