Form Type: 4

SEC EDGAR Link
Accession Number:0001203311-21-000016
Date:2021-03-04
Issuer: SEAGEN INC. (SGEN)
Original Submission Date:

Reporting Person:

SIEGALL CLAY B
21823 30TH DRIVE SE
BOTHELL, WA 98021

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2021-03-04 M 2,497 a $15.46 717,706 direct
COMMON STOCK 2021-03-04 S 2,497 d $147.68 715,209 direct
COMMON STOCK 2021-03-04 M 6,000 a $15.46 721,209 direct
COMMON STOCK 2021-03-04 S 6,000 d $146.72 715,209 direct
COMMON STOCK 2021-03-04 M 9,447 a $15.46 724,656 direct
COMMON STOCK 2021-03-04 S 9,447 d $145.58 715,209 direct
COMMON STOCK 2021-03-04 M 11,409 a $15.46 726,618 direct
COMMON STOCK 2021-03-04 S 11,409 d $144.92 715,209 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
NON-QUALIFIED STOCK OPTION (RIGHT TO BUY) 15.46 2021-03-04 deemed execution date M 2,497 (d) 2021-08-24 common stock 2,497 $15.46 173,621 direct
NON-QUALIFIED STOCK OPTION (RIGHT TO BUY) 15.46 2021-03-04 deemed execution date M 6,000 (d) 2021-08-24 common stock 6,000 $15.46 167,621 direct
NON-QUALIFIED STOCK OPTION (RIGHT TO BUY) 15.46 2021-03-04 deemed execution date M 9,447 (d) 2021-08-24 common stock 9,447 $15.46 158,174 direct
NON-QUALIFIED STOCK OPTION (RIGHT TO BUY) 15.46 2021-03-04 deemed execution date M 11,409 (d) 2021-08-24 common stock 11,409 $15.46 146,765 direct
Footnotes
IDfootnote
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 reflects sales of common stock executed in multiple transactions at prices ranging from $147.28 to $148.21. the price reported reflects the weighted average sale price. the reporting person hereby undertakes to provide upon request by the securities and exchange commission staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the sales were effected.
f4 reflects sales of common stock executed in multiple transactions at prices ranging from $146.28 to $147.23. the price reported reflects the weighted average sale price. the reporting person hereby undertakes to provide upon request by the securities and exchange commission staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the sales were effected.
f5 reflects sales of common stock executed in multiple transactions at prices ranging from $145.28 to $146.25. the price reported reflects the weighted average sale price. the reporting person hereby undertakes to provide upon request by the securities and exchange commission staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the sales were effected.
f6 reflects sales of common stock executed in multiple transactions at prices ranging from $144.28 to $145.27. the price reported reflects the weighted average sale price. the reporting person hereby undertakes to provide upon request by the securities and exchange commission staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the sales were effected.
f7 shares vested at a rate of 25% on 8/24/12 and monthly thereafter until all the shares were fully vested on 8/24/15.

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