Mark Enyedy - 02 Aug 2023 Form 4 Insider Report for ImmunoGen, Inc. (IMGN)

Signature
/s/ Renee Lentini, Attorney-in-Fact
Issuer symbol
IMGN
Transactions as of
02 Aug 2023
Transactions value $
-$36,072,132
Form type
4
Filing time
04 Aug 2023, 19:32:15 UTC
Previous filing
05 Jul 2023
Next filing
28 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IMGN Common Stock Options Exercise $4,527,964 +995,157 +225% $4.55 1,436,606 02 Aug 2023 Direct
transaction IMGN Common Stock Sale -$17,214,791 -986,521 -69% $17.45 450,085 02 Aug 2023 Direct F1
transaction IMGN Common Stock Sale -$156,743 -8,636 -1.9% $18.15 441,449 02 Aug 2023 Direct
transaction IMGN Common Stock Options Exercise $14,490 +2,760 +0.63% $5.25 444,209 03 Aug 2023 Direct
transaction IMGN Common Stock Options Exercise $4,628,442 +1,017,240 +229% $4.55 1,461,449 03 Aug 2023 Direct
transaction IMGN Common Stock Sale -$16,942,200 -1,020,000 -70% $16.61 441,449 03 Aug 2023 Direct F2
transaction IMGN Common Stock Options Exercise $4,106,760 +782,240 +177% $5.25 1,223,689 04 Aug 2023 Direct
transaction IMGN Common Stock Options Exercise $99,999 +21,978 +1.8% $4.55 1,245,667 04 Aug 2023 Direct
transaction IMGN Common Stock Options Exercise $1,695,000 +300,000 +24% $5.65 1,545,667 04 Aug 2023 Direct
transaction IMGN Common Stock Sale -$16,831,053 -992,397 -64% $16.96 553,270 04 Aug 2023 Direct F3

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 IMGN Stock Option (Right to Buy) Options Exercise $0 -995,157 -72% $0 382,968 02 Aug 2023 Common Stock 995,157 $4.55 Direct F4
transaction IMGN Stock Option (Right to Buy) Options Exercise $0 -2,760 -0.35% $0 782,240 03 Aug 2023 Common Stock 2,760 $5.25 Direct F5
transaction IMGN Stock Option (Right to Buy) Options Exercise $0 -831,147 -79% $0 218,853 03 Aug 2023 Common Stock 831,147 $4.55 Direct F6
transaction IMGN Stock Option (Right to Buy) Options Exercise $0 -186,093 -49% $0 196,875 03 Aug 2023 Common Stock 186,093 $4.55 Direct F4
transaction IMGN Stock Option (Right to Buy) Options Exercise $0 -300,000 -100% $0* 0 04 Aug 2023 Common Stock 300,000 $5.65 Direct F7
transaction IMGN Stock Option (Right to Buy) Options Exercise $0 -782,240 -100% $0* 0 04 Aug 2023 Common Stock 782,240 $5.25 Direct F5
transaction IMGN Stock Option (Right to Buy) Options Exercise $0 -21,978 -10% $0 196,875 04 Aug 2023 Common Stock 21,978 $4.55 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.14 to $18.11, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within these ranges.
F2 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.50 to $17.01, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within these ranges.
F3 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.65 to $17.17, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within these ranges.
F4 The options vested in installments upon the satisfaction of certain performance criteria.
F5 Exercisable in three equal installments over three years starting on the first year anniversary of the grant.
F6 Exercisable as to 25% on the first year anniversary of the grant and 6.25% quarterly for the subsequent three years.
F7 Exercisable in four equal installments over four years starting on the first year anniversary of the grant.