WELCH DANIEL G sold 71.5% of their position (31K shares) of SEAGEN INC. on the open market

Open‑market sale worth $6.25M — a major position exit. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 12 sales

WELCH DANIEL G

Filed: 4/5/2023ACC: 0000899243-23-010823

InsiderWELCH DANIEL GCIK 1206199

→

IssuerSEAGEN INC.CIK 1060736

Director

Since May 2019

-31K

Net shares

Net seller

$6.25M

Total sold

Open market trades

0B · 12S

Total transactions

17.52K acquired · 48.52K disposed

Non-Derivative Transactions18

Common Stock

Direct

M · Option Exercise

+995.00

Price / share

$38.82

Trade value

$38.63K

% of position

14.4%

4/3/2023

6.90K→7.89K

Common Stock

Direct

S · Sale

−995.00

Price / share

$200.11

Trade value

$199.11K

% of position

12.6%

4/3/2023

7.89K→6.90K

Common Stock

Direct

M · Option Exercise

+5.68K

Price / share

$66.60

Trade value

$378.29K

% of position

82.3%

4/3/2023

6.90K→12.58K

Common Stock

Direct

S · Sale

−5.68K

Price / share

$200.71

Trade value

$1.14M

% of position

45.2%

4/3/2023

12.58K→6.90K

Common Stock

Direct

M · Option Exercise

+3.58K

Price / share

$66.60

Trade value

$238.09K

% of position

51.8%

4/3/2023

6.90K→10.47K

Common Stock

Direct

S · Sale

−3.58K

Price / share

$201.59

Trade value

$720.68K

% of position

34.1%

4/3/2023

10.47K→6.90K

Common Stock

Direct

M · Option Exercise

+5.00

Price / share

$66.60

Trade value

$333.00

% of position

0.1%

4/3/2023

6.90K→6.90K

Common Stock

Direct

S · Sale

−5.00

Price / share

$202.49

Trade value

$1.01K

% of position

0.1%

4/3/2023

6.90K→6.90K

Common Stock

Direct

M · Option Exercise

+7.16K

Price / share

$56.77

Trade value

$406.36K

% of position

103.8%

4/3/2023

6.90K→14.06K

Common Stock

Direct

S · Sale

−7.16K

Price / share

$202.51

Trade value

$1.45M

% of position

50.9%

4/3/2023

14.06K→6.90K

Common Stock

Direct

M · Option Exercise

+112.00

Price / share

$56.77

Trade value

$6.36K

% of position

1.6%

4/3/2023

6.90K→7.01K

Common Stock

Direct

S · Sale

−112.00

Price / share

$203.05

Trade value

$22.74K

% of position

1.6%

4/3/2023

7.01K→6.90K

Common Stock

Direct

S · Sale

−817.00

Price / share

$200.45

Trade value

$163.77K

% of position

11.8%

4/3/2023

6.90K→6.08K

Common Stock

Direct

S · Sale

−851.00

Price / share

$201.51

Trade value

$171.49K

% of position

14.0%

4/3/2023

6.08K→5.23K

Common Stock

Direct

S · Sale

−1.08K

Price / share

$202.54

Trade value

$219.15K

% of position

20.7%

4/3/2023

5.23K→4.15K

Common Stock

Indirect

S · Sale

−3.12K

Price / share

$200.45

Trade value

$626.21K

% of position

13.5%

4/3/2023

23.06K→19.94K

Common Stock

Indirect

S · Sale

−3.32K

Price / share

$201.51

Trade value

$668.41K

% of position

16.6%

4/3/2023

19.94K→16.62K

Common Stock

Indirect

S · Sale

−4.28K

Price / share

$202.54

Trade value

$867.68K

% of position

25.8%

4/3/2023

16.62K→12.34K

Total

Net shares

−13.47K

Net value

-$5.18M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	4/3/2023	M · Option Exercise	+995.00	$38.82	$38.63K	14.4%	6.90K	7.89K
Common Stock Direct	4/3/2023	S · Sale	−995.00	$200.11	$199.11K	12.6%	7.89K	6.90K
Common Stock Direct	4/3/2023	M · Option Exercise	+5.68K	$66.60	$378.29K	82.3%	6.90K	12.58K
Common Stock Direct	4/3/2023	S · Sale	−5.68K	$200.71	$1.14M	45.2%	12.58K	6.90K
Common Stock Direct	4/3/2023	M · Option Exercise	+3.58K	$66.60	$238.09K	51.8%	6.90K	10.47K
Common Stock Direct	4/3/2023	S · Sale	−3.58K	$201.59	$720.68K	34.1%	10.47K	6.90K
Common Stock Direct	4/3/2023	M · Option Exercise	+5.00	$66.60	$333.00	0.1%	6.90K	6.90K
Common Stock Direct	4/3/2023	S · Sale	−5.00	$202.49	$1.01K	0.1%	6.90K	6.90K
Common Stock Direct	4/3/2023	M · Option Exercise	+7.16K	$56.77	$406.36K	103.8%	6.90K	14.06K
Common Stock Direct	4/3/2023	S · Sale	−7.16K	$202.51	$1.45M	50.9%	14.06K	6.90K
Common Stock Direct	4/3/2023	M · Option Exercise	+112.00	$56.77	$6.36K	1.6%	6.90K	7.01K
Common Stock Direct	4/3/2023	S · Sale	−112.00	$203.05	$22.74K	1.6%	7.01K	6.90K
Common Stock Direct	4/3/2023	S · Sale	−817.00	$200.45	$163.77K	11.8%	6.90K	6.08K
Common Stock Direct	4/3/2023	S · Sale	−851.00	$201.51	$171.49K	14.0%	6.08K	5.23K
Common Stock Direct	4/3/2023	S · Sale	−1.08K	$202.54	$219.15K	20.7%	5.23K	4.15K
Common Stock Indirect	4/3/2023	S · Sale	−3.12K	$200.45	$626.21K	13.5%	23.06K	19.94K
Common Stock Indirect	4/3/2023	S · Sale	−3.32K	$201.51	$668.41K	16.6%	19.94K	16.62K
Common Stock Indirect	4/3/2023	S · Sale	−4.28K	$202.54	$867.68K	25.8%	16.62K	12.34K
Total			−13.47K		-$5.18M

Derivative Transactions3

Non-Qualified Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

995.00 shares

−995.00

Strike price

38.82

Held after

0.00

Exercisable

—

4/3/2023

Non-Qualified Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

9.26K shares

−9.26K

Strike price

66.60

Held after

0.00

Exercisable

—

4/3/2023

Non-Qualified Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

7.27K shares

−7.27K

Strike price

56.77

Held after

1.99K

Exercisable

—

4/3/2023

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Non-Qualified Stock Option (right to buy) Direct	Common Stock995.00 shares	4/3/2023	M · Option Exercise	−995.00	38.82	—	0.00
Non-Qualified Stock Option (right to buy) Direct	Common Stock9.26K shares	4/3/2023	M · Option Exercise	−9.26K	66.60	—	0.00
Non-Qualified Stock Option (right to buy) Direct	Common Stock7.27K shares	4/3/2023	M · Option Exercise	−7.27K	56.77	—	1.99K