Roger Dansey - 24 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
24 Jan 2023
Transactions value $
-$623,600
Form type
4
Date filed
26 Jan 2023, 18:41
Previous filing
06 Jan 2023
Next filing
03 Feb 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 $726K +10K +10.25% $72.64 108K 24 Jan 2023 Direct F1
transaction SGEN Common Stock Sale -$1.35M -10K -9.3% $135.00 97.5K 24 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 -10K -17.22% $0.00 48.1K 24 Jan 2023 Common Stock 10K $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.