Roger Dansey - 15 Aug 2022 Form 4 Insider Report for Seagen Inc. (SGEN)

Signature
By: /s/ Jennifer Prosba For: Roger Dansey
Issuer symbol
SGEN
Transactions as of
15 Aug 2022
Transactions value $
-$724,095
Form type
4
Filing time
17 Aug 2022, 21:12:11
Previous filing
30 Jun 2022
Next filing
01 Sep 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SGEN Common Stock Award $0 +44.6K +71.76% $0.00 107K 15 Aug 2022 Direct F1, F2, F3
transaction SGEN Common Stock Sale -$410K -2.41K -2.25% $170.22 104K 16 Aug 2022 Direct F3, F4
transaction SGEN Common Stock Sale -$315K -1.85K -1.77% $170.22 103K 16 Aug 2022 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares represent restricted stock units and will be settled in common stock upon vesting.
F2 Shares shall vest at a rate of 25% on each anniversary of August 15, 2022 until all shares are fully vested at the end of four years.
F3 Amount of securities beneficially owned following reported transactions includes restricted stock units subject to vesting and 103 shares acquired under the Amended and Restated 2000 Employee Stock Purchase Plan on July 29, 2022.
F4 Shares sold pursuant to a 10b5-1 arrangement to satisfy tax obligations arising out of the vesting of previously granted restricted stock units.