Charles R. Romp - Aug 15, 2022 Form 4 Insider Report for Seagen Inc. (SGEN)

Role
EVP, Commercial
Signature
By: /s/ Jennifer Prosba For: Charles R. Romp
Stock symbol
SGEN
Transactions as of
Aug 15, 2022
Transactions value $
-$300,430
Form type
4
Date filed
8/17/2022, 09:16 PM
Previous filing
Jul 7, 2022
Next filing
Sep 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SGEN Common Stock Award $0 +13.7K +28.15% $0.00 62.5K Aug 15, 2022 Direct F1, F2, F3
transaction SGEN Common Stock Sale -$132K -777 -1.24% $170.22 61.7K Aug 16, 2022 Direct F3, F4
transaction SGEN Common Stock Sale -$168K -988 -1.6% $170.22 60.7K Aug 16, 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.
F4 Shares sold pursuant to a 10b5-1 arrangement to satisfy tax obligations arising out of the vesting of previously granted restricted stock units.