Roger Dansey - 04 Jan 2023 Form 4 Insider Report for Seagen Inc. (SGEN)

Role
President R&D & CMO
Signature
By: /s/ Jennifer Prosba For: Roger D. Dansey
Issuer symbol
SGEN
Transactions as of
04 Jan 2023
Transactions value $
-$623,600
Form type
4
Date filed
06 Jan 2023, 18:10
Previous filing
16 Dec 2022
Next filing
26 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SGEN Common Stock Options Exercise $182K +2.5K +2.56% $72.64 100K 04 Jan 2023 Direct F1
transaction SGEN Common Stock Sale -$338K -2.5K -2.5% $135.00 97.5K 04 Jan 2023 Direct F1, F2
transaction SGEN Common Stock Options Exercise $545K +7.5K +7.69% $72.64 105K 05 Jan 2023 Direct F1
transaction SGEN Common Stock Sale -$1.01M -7.5K -7.14% $135.00 97.5K 05 Jan 2023 Direct F1, F2

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 SGEN Non-Qualified Stock Option (right to buy) Options Exercise $0 -2.5K -3.67% $0.00 65.6K 04 Jan 2023 Common Stock 2.5K $72.64 Direct F3
transaction SGEN Non-Qualified Stock Option (right to buy) Options Exercise $0 -7.5K -11.44% $0.00 58.1K 05 Jan 2023 Common Stock 7.5K $72.64 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Amount of securities beneficially owned following reported transactions includes restricted stock units subject to vesting.
F2 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
F3 Options vested at a rate of 25% on 8/30/2020, The remainder shall vest monthly until all the options are vested on 8/30/23.