Filing Details
- Accession Number:
- 0001203311-20-000140
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-12-09 20:08:46
- Reporting Period:
- 2020-12-07
- Accepted Time:
- 2020-12-09 20:08:46
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1060736 | Seagen Inc. | SGEN | Biological Products, (No Disgnostic Substances) (2836) | 911874389 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1361966 | B Vaughn Himes | 21823 30Th Drive Se Bothell WA 98021 | Chief Technical Officer | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2020-12-07 | 2,207 | $45.30 | 189,036 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2020-12-07 | 2,554 | $39.15 | 191,590 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2020-12-07 | 8,000 | $15.46 | 199,590 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2020-12-07 | 1,554 | $180.41 | 198,036 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2020-12-07 | 2,554 | $181.48 | 195,482 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2020-12-07 | 3,692 | $182.43 | 191,790 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2020-12-07 | 200 | $183.26 | 191,590 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2020-12-08 | 45,538 | $0.00 | 146,052 | No | 5 | G | Direct | |
| Common Stock | Disposition | 2020-12-08 | 8,131 | $0.00 | 137,921 | No | 5 | G | Direct | |
| Common Stock | Disposition | 2020-12-08 | 8,131 | $0.00 | 129,790 | No | 5 | G | Direct | |
| Common Stock | Acquisiton | 2020-12-08 | 45,538 | $0.00 | 45,538 | No | 5 | G | Indirect | by Trust |
| Common Stock | Acquisiton | 2020-12-08 | 8,131 | $0.00 | 53,669 | No | 5 | G | Indirect | by Trust |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 5 | G | Direct | |
| No | 5 | G | Direct | |
| No | 5 | G | Direct | |
| No | 5 | G | Indirect | by Trust |
| No | 5 | G | Indirect | by Trust |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Incentive Stock Option (right to buy) | Disposition | 2020-12-07 | 2,554 | $0.00 | 2,554 | $39.15 |
| Common Stock | Incentive Stock Option (right to buy) | Disposition | 2020-12-07 | 2,207 | $0.00 | 2,207 | $45.30 |
| Common Stock | Non-Qualified Stock Option (right to buy) | Disposition | 2020-12-07 | 8,000 | $0.00 | 8,000 | $15.46 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2025-08-25 | No | 4 | M | Direct | |
| 0 | 2026-08-27 | No | 4 | M | Direct | |
| 22,697 | 2021-08-24 | No | 4 | M | Direct |
Footnotes
- Amount of securities beneficially owned following reported transactions includes restricted stock units subject to vesting.
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
- Reflects sales of common stock executed in multiple transactions at prices ranging from $179.90 to $180.89. 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.
- Reflects sales of common stock executed in multiple transactions at prices ranging from $180.90 to $181.89. 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.
- Reflects sales of common stock executed in multiple transactions at prices ranging from $182.06 to $182.92. 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.
- Reflects sales of common stock executed in multiple transactions at prices ranging from $183.23 to $183.29. 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.
- On December 8, 2020, the reporting person transferred 45,538 shares of common stock to an irrevocable trust of which the reporting person's spouse is the trustee. Members of the reporting person's immediate family are the sole beneficiaries of the trust.
- On December 8, 2020, the reporting person transferred 8,131 shares of common stock to an irrevocable trust of which the reporting person's spouse is the trustee. Members of the reporting person's immediate family are the sole beneficiaries of the trust.
- Options vested at a rate of 25% on 8/25/16 and monthly thereafter until all the shares were fully vested on 8/25/19.
- Options vested at a rate of 25% on 8/27/17 and monthly thereafter until all the shares were fully vested on 8/27/20.
- Options vested at a rate of 25% on 8/24/12 and monthly thereafter until all the shares were fully vested on 8/24/15.
Billionaire Hedge Funds
