SEC Form 4 · accession 0001203311-15-000068
SEATTLE GENETICS INC /WA · SGEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Vaughn B Himes
Officer — EVP, Proc Svcs & Tech Ops
Period of report
Dec 18, 2015
Accepted (ET)
Dec 21, 2015 · 5:01 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001060736
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 18, 2015 | M | 3,000 | $12.00 | A | 79,212 | D | |
| Common StockF1 | Dec 18, 2015 | M | 32,036 | $9.23 | A | 111,248 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Incentive Stock Option (right to buy)F2 | $9.23 | Dec 18, 2015 | M | 32,036 | D | — | Apr 30, 2019 | Common Stock | 32,036 | 0 | D |
| Incentive Stock Option (right to buy)F3 | $12.00 | Dec 18, 2015 | M | 3,000 | D | — | Aug 27, 2020 | Common Stock | 3,000 | 5,333 | D |
Explanation of responses
- F1Amount of securities beneficially owned following reported transactions includes restricted stock units subject to vesting.
- F2Shares vested at a rate of 25% on 4/1/10 and monthly thereafter until all the shares were fully vested on 4/1/13.
- F3Shares vested at a rate of 25% on 8/27/11 and monthly thereafter until all the shares were fully vested on 8/27/14.