SEC Form 4 · accession 0001203311-18-000018
SEATTLE GENETICS INC /WA · SGEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alpna Seth
Director
Period of report
Mar 15, 2018
Accepted (ET)
Mar 15, 2018 · 9:34 pm EDT
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,F2 | Mar 15, 2018 | A | 5,750 | $0.00 | A | 5,750 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F3 | $57.68 | Mar 15, 2018 | A | 14,250 | A | — | Mar 15, 2028 | Common Stock | 14,250 | 14,250 | D |
Explanation of responses
- F1These shares represent restricted stock units and will be settled in common stock upon vesting.
- F2Restricted Stock units shall vest in full on March 15, 2021.
- F3Shares shall vest at a rate of 25% on 03/15/19 and monthly thereafter until all the shares are fully vested on 03/18/22.