WELCH DANIEL G sold 53.0% of their position (27.40K shares) of SEAGEN INC. on the open market

Open‑market sale worth $5.49M — a major position exit. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 13 sales

WELCH DANIEL G

Filed: 3/16/2023ACC: 0000899243-23-008695

InsiderWELCH DANIEL GCIK 1206199

→

IssuerSEAGEN INC.CIK 1060736

Director

Since May 2019

-27.40K

Net shares

Net seller

$5.49M

Total sold

Open market trades

0B · 13S

Total transactions

15.49K acquired · 42.88K disposed

Non-Derivative Transactions18

Common Stock

Direct

M · Option Exercise

+5.76K

Price / share

$38.82

Trade value

$223.53K

% of position

59.7%

3/13/2023

9.65K→15.41K

Common Stock

Direct

M · Option Exercise

+283.00

Price / share

$39.94

Trade value

$11.30K

% of position

1.8%

3/13/2023

15.41K→15.69K

Common Stock

Direct

S · Sale

−283.00

Price / share

$202.36

Trade value

$57.27K

% of position

1.8%

3/13/2023

15.69K→15.41K

Common Stock

Direct

M · Option Exercise

+1.35K

Price / share

$39.94

Trade value

$53.84K

% of position

8.7%

3/13/2023

15.41K→16.75K

Common Stock

Direct

S · Sale

−1.35K

Price / share

$201.53

Trade value

$271.66K

% of position

8.0%

3/13/2023

16.75K→15.41K

Common Stock

Direct

M · Option Exercise

+7.63K

Price / share

$39.94

Trade value

$304.70K

% of position

49.5%

3/13/2023

15.41K→23.04K

Common Stock

Direct

S · Sale

−7.63K

Price / share

$200.30

Trade value

$1.53M

% of position

33.1%

3/13/2023

23.04K→15.41K

Common Stock

Direct

S · Sale

−2.10K

Price / share

$200.20

Trade value

$420.02K

% of position

13.6%

3/13/2023

15.41K→13.31K

Common Stock

Direct

S · Sale

−214.00

Price / share

$201.53

Trade value

$43.13K

% of position

1.6%

3/13/2023

13.31K→13.10K

Common Stock

Direct

S · Sale

−44.00

Price / share

$202.35

Trade value

$8.90K

% of position

0.3%

3/13/2023

13.10K→13.05K

Common Stock

Direct

S · Sale

−5.76K

Price / share

$200.06

Trade value

$1.15M

% of position

44.4%

3/13/2023

12.98K→7.22K

Common Stock

Indirect

S · Sale

−8.21K

Price / share

$200.20

Trade value

$1.64M

% of position

24.3%

3/13/2023

33.78K→25.57K

Common Stock

Indirect

S · Sale

−808.00

Price / share

$201.53

Trade value

$162.84K

% of position

3.2%

3/13/2023

25.57K→24.77K

Common Stock

Indirect

S · Sale

−173.00

Price / share

$202.36

Trade value

$35.01K

% of position

0.7%

3/13/2023

24.77K→24.59K

Common Stock

Direct

S · Sale

−74.00

Price / share

$200.00

Trade value

$14.80K

% of position

0.6%

3/14/2023

13.05K→12.98K

Common Stock

Direct

M · Option Exercise

+470.00

Price / share

$38.82

Trade value

$18.25K

% of position

3.6%

3/14/2023

12.98K→13.45K

Common Stock

Direct

S · Sale

−470.00

Price / share

$200.00

Trade value

$94K

% of position

3.5%

3/14/2023

13.45K→12.98K

Common Stock

Indirect

S · Sale

−288.00

Price / share

$200.00

Trade value

$57.60K

% of position

1.2%

3/14/2023

24.59K→24.31K

Total

Net shares

−11.91K

Net value

-$4.88M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	3/13/2023	M · Option Exercise	+5.76K	$38.82	$223.53K	59.7%	9.65K	15.41K
Common Stock Direct	3/13/2023	M · Option Exercise	+283.00	$39.94	$11.30K	1.8%	15.41K	15.69K
Common Stock Direct	3/13/2023	S · Sale	−283.00	$202.36	$57.27K	1.8%	15.69K	15.41K
Common Stock Direct	3/13/2023	M · Option Exercise	+1.35K	$39.94	$53.84K	8.7%	15.41K	16.75K
Common Stock Direct	3/13/2023	S · Sale	−1.35K	$201.53	$271.66K	8.0%	16.75K	15.41K
Common Stock Direct	3/13/2023	M · Option Exercise	+7.63K	$39.94	$304.70K	49.5%	15.41K	23.04K
Common Stock Direct	3/13/2023	S · Sale	−7.63K	$200.30	$1.53M	33.1%	23.04K	15.41K
Common Stock Direct	3/13/2023	S · Sale	−2.10K	$200.20	$420.02K	13.6%	15.41K	13.31K
Common Stock Direct	3/13/2023	S · Sale	−214.00	$201.53	$43.13K	1.6%	13.31K	13.10K
Common Stock Direct	3/13/2023	S · Sale	−44.00	$202.35	$8.90K	0.3%	13.10K	13.05K
Common Stock Direct	3/13/2023	S · Sale	−5.76K	$200.06	$1.15M	44.4%	12.98K	7.22K
Common Stock Indirect	3/13/2023	S · Sale	−8.21K	$200.20	$1.64M	24.3%	33.78K	25.57K
Common Stock Indirect	3/13/2023	S · Sale	−808.00	$201.53	$162.84K	3.2%	25.57K	24.77K
Common Stock Indirect	3/13/2023	S · Sale	−173.00	$202.36	$35.01K	0.7%	24.77K	24.59K
Common Stock Direct	3/14/2023	S · Sale	−74.00	$200.00	$14.80K	0.6%	13.05K	12.98K
Common Stock Direct	3/14/2023	M · Option Exercise	+470.00	$38.82	$18.25K	3.6%	12.98K	13.45K
Common Stock Direct	3/14/2023	S · Sale	−470.00	$200.00	$94K	3.5%	13.45K	12.98K
Common Stock Indirect	3/14/2023	S · Sale	−288.00	$200.00	$57.60K	1.2%	24.59K	24.31K
Total			−11.91K		-$4.88M

Derivative Transactions5

Non-Qualified Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

5.76K shares

−5.76K

Strike price

38.82

Held after

3.50K

Exercisable

—

3/13/2023

Non-Qualified Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

283.00 shares

−283.00

Strike price

39.94

Held after

8.98K

Exercisable

—

3/13/2023

Non-Qualified Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

1.35K shares

−1.35K

Strike price

39.94

Held after

7.63K

Exercisable

—

3/13/2023

Non-Qualified Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

7.63K shares

−7.63K

Strike price

39.94

Held after

0.00

Exercisable

—

3/13/2023

Non-Qualified Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

470.00 shares

−470.00

Strike price

38.82

Held after

3.03K

Exercisable

—

3/14/2023

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Non-Qualified Stock Option (right to buy) Direct	Common Stock5.76K shares	3/13/2023	M · Option Exercise	−5.76K	38.82	—	3.50K
Non-Qualified Stock Option (right to buy) Direct	Common Stock283.00 shares	3/13/2023	M · Option Exercise	−283.00	39.94	—	8.98K
Non-Qualified Stock Option (right to buy) Direct	Common Stock1.35K shares	3/13/2023	M · Option Exercise	−1.35K	39.94	—	7.63K
Non-Qualified Stock Option (right to buy) Direct	Common Stock7.63K shares	3/13/2023	M · Option Exercise	−7.63K	39.94	—	0.00
Non-Qualified Stock Option (right to buy) Direct	Common Stock470.00 shares	3/14/2023	M · Option Exercise	−470.00	38.82	—	3.03K