Welch Daniel G's Form 4 filing
Seagen Inc.SGEN · filed Mar 16, 2023
- Accession no.
- 0000899243-23-008695
- Filed
- Mar 16, 2023
- Trade date
- Mar 13-14, 2023
- Filing delay
- 3 daysLate
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 18 non-derivative transactions and 5 derivative transactions. Open-market sales total $5.49M. It was filed 3 days after the trade, past the 2-business-day deadline.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Welch Daniel GCIK 0001206199 | Director |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Mar 13, 2023 | Common Stock | MOption exerciseAcquired | +5,758 | $38.82 | +$223,525.56 | 15,407 | Direct | |
| Mar 13, 2023 | Common Stock | MOption exerciseAcquired | +283 | $39.94 | +$11,303.02 | 15,690 | Direct | |
| Mar 13, 2023 | Common Stock | SSaleDisposed | −283 | $202.36F3 | −$57,267.88 | 15,407 | Direct | |
| Mar 13, 2023 | Common Stock | MOption exerciseAcquired | +1,348 | $39.94 | +$53,839.12 | 16,755 | Direct | |
| Mar 13, 2023 | Common Stock | SSaleDisposed | −1,348 | $201.53F4 | −$271,662.44 | 15,407 | Direct | |
| Mar 13, 2023 | Common Stock | MOption exerciseAcquired | +7,629 | $39.94 | +$304,702.26 | 23,036 | Direct | |
| Mar 13, 2023 | Common Stock | SSaleDisposed | −7,629 | $200.30F5 | −$1,528,088.7 | 15,407 | Direct | |
| Mar 13, 2023 | Common Stock | SSaleDisposed | −2,098 | $200.20F6 | −$420,019.6 | 13,309 | Direct | |
| Mar 13, 2023 | Common Stock | SSaleDisposed | −214 | $201.53F7 | −$43,127.42 | 13,095 | Direct | |
| Mar 13, 2023 | Common Stock | SSaleDisposed | −44 | $202.35F8 | −$8,903.4 | 13,051 | Direct | |
| Mar 14, 2023 | Common Stock | SSaleDisposed | −74 | $200.00 | −$14,800 | 12,977 | Direct | |
| Mar 14, 2023 | Common Stock | MOption exerciseAcquired | +470 | $38.82 | +$18,245.4 | 13,447 | Direct | |
| Mar 14, 2023 | Common Stock | SSaleDisposed | −470 | $200.00 | −$94,000 | 12,977 | Direct | |
| Mar 13, 2023 | Common Stock | SSaleDisposed | −5,758 | $200.06F9 | −$1,151,945.48 | 7,219 | Direct | |
| Mar 13, 2023 | Common Stock | SSaleDisposed | −8,210 | $200.20F6 | −$1,643,642 | 25,575 | Indirect | |
| Mar 13, 2023 | Common Stock | SSaleDisposed | −808 | $201.53F7 | −$162,836.24 | 24,767 | Indirect | |
| Mar 13, 2023 | Common Stock | SSaleDisposed | −173 | $202.36F8 | −$35,008.28 | 24,594 | Indirect | |
| Mar 14, 2023 | Common Stock | SSaleDisposed | −288 | $200.00 | −$57,600 | 24,306 | Indirect |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Mar 13, 2023 | Common Stock | MOption exerciseDisposed | −5,758 | $0.00 | $0 | 3,502 | Direct | |
| Mar 14, 2023 | Common Stock | MOption exerciseDisposed | −470 | $0.00 | $0 | 3,032 | Direct | |
| Mar 13, 2023 | Common Stock | MOption exerciseDisposed | −283 | $0.00 | $0 | 8,977 | Direct | |
| Mar 13, 2023 | Common Stock | MOption exerciseDisposed | −1,348 | $0.00 | $0 | 7,629 | Direct | |
| Mar 13, 2023 | Common Stock | MOption exerciseDisposed | −7,629 | $0.00 | $0 | 0 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F3
Reflects sales of common stock executed in multiple transactions at prices ranging from $202.12 to $202.47. 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.
Referenced by the price of 1 transaction in Table I.
- F4
Reflects sales of common stock executed in multiple transactions at prices ranging from $201.05 to $202.04. 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.
Referenced by the price of 1 transaction in Table I.
- F5
Reflects sales of common stock executed in multiple transactions at prices ranging from $200.00 to $200.94. 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.
Referenced by the price of 1 transaction in Table I.
- F6
Reflects sales of common stock executed in multiple transactions at prices ranging from $200.00 to $200.94. 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.
Referenced by the price of 2 transactions in Table I.
- F7
Reflects sales of common stock executed in multiple transactions at prices ranging from $201.05 to $202.04. 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.
Referenced by the price of 2 transactions in Table I.
- F8
Reflects sales of common stock executed in multiple transactions at prices ranging from $202.12 to $202.47. 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.
Referenced by the price of 2 transactions in Table I.
- F9
Reflects sales of common stock executed in multiple transactions at prices ranging from $200.00 to $200.31. 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.
Referenced by the price of 1 transaction in Table I.