Todd E. Simpson - Nov 3, 2021 Form 4 Insider Report for Seagen Inc. (SGEN)

Role
Chief Financial Officer
Signature
By: /s/ Jennifer Prosba For: Todd E. Simpson
Stock symbol
SGEN
Transactions as of
Nov 3, 2021
Transactions value $
-$5,569,117
Form type
4
Date filed
11/5/2021, 05:21 PM
Previous filing
Nov 2, 2021
Next filing
Dec 22, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SGEN Common Stock Options Exercise $1.77M +40.2K +31.77% $44.09* 167K Nov 3, 2021 Direct F1
transaction SGEN Common Stock Sale -$7.44M -40.2K -24.11% $185.00 127K Nov 3, 2021 Direct F1, F2
transaction SGEN Common Stock Options Exercise $100K +2.16K +1.7% $46.37* 129K Nov 4, 2021 Direct F1

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 Incentive Stock Option (right to buy) Options Exercise $0 -2.16K -100% $0.00* 0 Nov 4, 2021 Common Stock 2.16K $46.37 Direct F3
transaction SGEN Non-Qualified Stock Option (right to buy) Options Exercise $0 -40.2K -100% $0.00* 0 Nov 3, 2021 Common Stock 40.2K $44.09 Direct F4
* 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 entered into on November 11, 2020.
F3 Options vested at a rate of 25% on 8/17/18 and monthly thereafter until all the options were fully vested on 8/17/21.
F4 Options vested at a rate of 25% on 8/26/15 and monthly thereafter until all the options were fully vested on 8/26/18.