LIPPMAN MARC E sold 73.1% of their position (142.09K shares) of SEAGEN INC. on the open market

Open‑market sale worth $23.96M — a major position exit. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 9 sales

LIPPMAN MARC E

Filed: 11/5/2020ACC: 0001203311-20-000122

InsiderLIPPMAN MARC ECIK 1202794

→

IssuerSEAGEN INC.CIK 1060736

Director

Since Jul 2018

-142.09K

Net shares

Net seller

$23.96M

Total sold

Open market trades

0B · 9S

Total transactions

62.78K acquired · 204.87K disposed

Non-Derivative Transactions16

Common Stock

Direct

M · Option Exercise

+9.26K

Price / share

$56.77

Trade value

$525.69K

% of position

7.0%

11/3/2020

131.65K→140.91K

Common Stock

Direct

S · Sale

−9.26K

Price / share

$168.45

Trade value

$1.56M

% of position

6.6%

11/3/2020

140.91K→131.65K

Common Stock

Direct

M · Option Exercise

+9.26K

Price / share

$38.82

Trade value

$359.47K

% of position

7.0%

11/3/2020

131.65K→140.91K

Common Stock

Direct

S · Sale

−9.26K

Price / share

$168.42

Trade value

$1.56M

% of position

6.6%

11/3/2020

140.91K→131.65K

Common Stock

Direct

M · Option Exercise

+9.26K

Price / share

$39.94

Trade value

$369.84K

% of position

7.0%

11/3/2020

131.65K→140.91K

Common Stock

Direct

S · Sale

−9.26K

Price / share

$168.39

Trade value

$1.56M

% of position

6.6%

11/3/2020

140.91K→131.65K

Common Stock

Direct

M · Option Exercise

+8.75K

Price / share

$34.25

Trade value

$299.69K

% of position

6.6%

11/3/2020

131.65K→140.40K

Common Stock

Direct

S · Sale

−8.75K

Price / share

$168.32

Trade value

$1.47M

% of position

6.2%

11/3/2020

140.40K→131.65K

Common Stock

Direct

M · Option Exercise

+8.75K

Price / share

$36.70

Trade value

$321.13K

% of position

6.6%

11/3/2020

131.65K→140.40K

Common Stock

Direct

S · Sale

−8.75K

Price / share

$168.11

Trade value

$1.47M

% of position

6.2%

11/3/2020

140.40K→131.65K

Common Stock

Direct

M · Option Exercise

+4.72K

Price / share

$20.06

Trade value

$94.60K

% of position

3.6%

11/3/2020

131.65K→136.36K

Common Stock

Direct

S · Sale

−4.72K

Price / share

$167.97

Trade value

$792.15K

% of position

3.5%

11/3/2020

136.36K→131.65K

Common Stock

Direct

M · Option Exercise

+12.78K

Price / share

$20.06

Trade value

$256.45K

% of position

9.7%

11/3/2020

131.65K→144.43K

Common Stock

Direct

S · Sale

−12.78K

Price / share

$167.10

Trade value

$2.14M

% of position

8.9%

11/3/2020

144.43K→131.65K

Common Stock

Direct

S · Sale

−65.25K

Price / share

$168.89

Trade value

$11.02M

% of position

49.6%

11/3/2020

131.65K→66.40K

Common Stock

Direct

S · Sale

−14.06K

Price / share

$169.80

Trade value

$2.39M

% of position

21.2%

11/3/2020

66.40K→52.34K

Total

Net shares

−79.31K

Net value

-$21.73M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	11/3/2020	M · Option Exercise	+9.26K	$56.77	$525.69K	7.0%	131.65K	140.91K
Common Stock Direct	11/3/2020	S · Sale	−9.26K	$168.45	$1.56M	6.6%	140.91K	131.65K
Common Stock Direct	11/3/2020	M · Option Exercise	+9.26K	$38.82	$359.47K	7.0%	131.65K	140.91K
Common Stock Direct	11/3/2020	S · Sale	−9.26K	$168.42	$1.56M	6.6%	140.91K	131.65K
Common Stock Direct	11/3/2020	M · Option Exercise	+9.26K	$39.94	$369.84K	7.0%	131.65K	140.91K
Common Stock Direct	11/3/2020	S · Sale	−9.26K	$168.39	$1.56M	6.6%	140.91K	131.65K
Common Stock Direct	11/3/2020	M · Option Exercise	+8.75K	$34.25	$299.69K	6.6%	131.65K	140.40K
Common Stock Direct	11/3/2020	S · Sale	−8.75K	$168.32	$1.47M	6.2%	140.40K	131.65K
Common Stock Direct	11/3/2020	M · Option Exercise	+8.75K	$36.70	$321.13K	6.6%	131.65K	140.40K
Common Stock Direct	11/3/2020	S · Sale	−8.75K	$168.11	$1.47M	6.2%	140.40K	131.65K
Common Stock Direct	11/3/2020	M · Option Exercise	+4.72K	$20.06	$94.60K	3.6%	131.65K	136.36K
Common Stock Direct	11/3/2020	S · Sale	−4.72K	$167.97	$792.15K	3.5%	136.36K	131.65K
Common Stock Direct	11/3/2020	M · Option Exercise	+12.78K	$20.06	$256.45K	9.7%	131.65K	144.43K
Common Stock Direct	11/3/2020	S · Sale	−12.78K	$167.10	$2.14M	8.9%	144.43K	131.65K
Common Stock Direct	11/3/2020	S · Sale	−65.25K	$168.89	$11.02M	49.6%	131.65K	66.40K
Common Stock Direct	11/3/2020	S · Sale	−14.06K	$169.80	$2.39M	21.2%	66.40K	52.34K
Total			−79.31K		-$21.73M

Derivative Transactions7

Non-Qualified Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

4.72K shares

−4.72K

Strike price

20.06

Held after

12.78K

Exercisable

—

11/3/2020

Non-Qualified Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

12.78K shares

−12.78K

Strike price

20.06

Held after

0.00

Exercisable

—

11/3/2020

Non-Qualified Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

8.75K shares

−8.75K

Strike price

34.25

Held after

0.00

Exercisable

—

11/3/2020

Non-Qualified Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

8.75K shares

−8.75K

Strike price

36.7

Held after

0.00

Exercisable

—

11/3/2020

Non-Qualified Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

9.26K shares

−9.26K

Strike price

38.82

Held after

0.00

Exercisable

—

11/3/2020

Non-Qualified Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

9.26K shares

−9.26K

Strike price

39.94

Held after

0.00

Exercisable

—

11/3/2020

Non-Qualified Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

9.26K shares

−9.26K

Strike price

56.77

Held after

0.00

Exercisable

—

11/3/2020

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Non-Qualified Stock Option (right to buy) Direct	Common Stock4.72K shares	11/3/2020	M · Option Exercise	−4.72K	20.06	—	12.78K
Non-Qualified Stock Option (right to buy) Direct	Common Stock12.78K shares	11/3/2020	M · Option Exercise	−12.78K	20.06	—	0.00
Non-Qualified Stock Option (right to buy) Direct	Common Stock8.75K shares	11/3/2020	M · Option Exercise	−8.75K	34.25	—	0.00
Non-Qualified Stock Option (right to buy) Direct	Common Stock8.75K shares	11/3/2020	M · Option Exercise	−8.75K	36.7	—	0.00
Non-Qualified Stock Option (right to buy) Direct	Common Stock9.26K shares	11/3/2020	M · Option Exercise	−9.26K	38.82	—	0.00
Non-Qualified Stock Option (right to buy) Direct	Common Stock9.26K shares	11/3/2020	M · Option Exercise	−9.26K	39.94	—	0.00
Non-Qualified Stock Option (right to buy) Direct	Common Stock9.26K shares	11/3/2020	M · Option Exercise	−9.26K	56.77	—	0.00