WELCH DANIEL G sold 68.7% of their position (27.03K shares) of SEAGEN INC. on the open market

Open‑market sale worth $5.41M — a major position exit. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 9 sales

WELCH DANIEL G

Filed: 5/3/2023ACC: 0000899243-23-012178

InsiderWELCH DANIEL GCIK 1206199

→

IssuerSEAGEN INC.CIK 1060736

Director

Since May 2019

-27.03K

Net shares

Net seller

$5.41M

Total sold

Open market trades

0B · 9S

Total transactions

15.66K acquired · 42.69K disposed

Non-Derivative Transactions14

Common Stock

Direct

M · Option Exercise

+5.15K

Price / share

$64.38

Trade value

$331.56K

% of position

74.6%

5/1/2023

6.90K→12.05K

Common Stock

Direct

S · Sale

−5.15K

Price / share

$200.04

Trade value

$1.03M

% of position

42.7%

5/1/2023

12.05K→6.90K

Common Stock

Direct

M · Option Exercise

+1.99K

Price / share

$56.77

Trade value

$112.97K

% of position

28.8%

5/1/2023

6.90K→8.89K

Common Stock

Direct

S · Sale

−1.99K

Price / share

$200.12

Trade value

$398.24K

% of position

22.4%

5/1/2023

8.89K→6.90K

Common Stock

Direct

S · Sale

−295.00

Price / share

$200.06

Trade value

$59.02K

% of position

4.3%

5/1/2023

6.90K→6.60K

Common Stock

Indirect

S · Sale

−4.89K

Price / share

$200.06

Trade value

$978.29K

% of position

21.2%

5/1/2023

23.06K→18.17K

Common Stock

Direct

M · Option Exercise

+1.89K

Price / share

$64.38

Trade value

$121.55K

% of position

28.6%

5/2/2023

6.60K→8.49K

Common Stock

Direct

S · Sale

−1.89K

Price / share

$200.05

Trade value

$377.69K

% of position

22.2%

5/2/2023

8.49K→6.60K

Common Stock

Direct

M · Option Exercise

+3.17K

Price / share

$160.33

Trade value

$508.41K

% of position

48.0%

5/2/2023

6.60K→9.78K

Common Stock

Direct

S · Sale

−3.17K

Price / share

$200.05

Trade value

$634.36K

% of position

32.4%

5/2/2023

9.78K→6.60K

Common Stock

Direct

M · Option Exercise

+3.46K

Price / share

$147.50

Trade value

$510.64K

% of position

52.4%

5/2/2023

6.60K→10.07K

Common Stock

Direct

S · Sale

−3.46K

Price / share

$200.10

Trade value

$692.75K

% of position

34.4%

5/2/2023

10.07K→6.60K

Common Stock

Direct

S · Sale

−351.00

Price / share

$200.07

Trade value

$70.22K

% of position

5.3%

5/2/2023

6.60K→6.25K

Common Stock

Indirect

S · Sale

−5.83K

Price / share

$200.07

Trade value

$1.17M

% of position

32.1%

5/2/2023

18.17K→12.34K

Total

Net shares

−11.37K

Net value

-$3.82M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	5/1/2023	M · Option Exercise	+5.15K	$64.38	$331.56K	74.6%	6.90K	12.05K
Common Stock Direct	5/1/2023	S · Sale	−5.15K	$200.04	$1.03M	42.7%	12.05K	6.90K
Common Stock Direct	5/1/2023	M · Option Exercise	+1.99K	$56.77	$112.97K	28.8%	6.90K	8.89K
Common Stock Direct	5/1/2023	S · Sale	−1.99K	$200.12	$398.24K	22.4%	8.89K	6.90K
Common Stock Direct	5/1/2023	S · Sale	−295.00	$200.06	$59.02K	4.3%	6.90K	6.60K
Common Stock Indirect	5/1/2023	S · Sale	−4.89K	$200.06	$978.29K	21.2%	23.06K	18.17K
Common Stock Direct	5/2/2023	M · Option Exercise	+1.89K	$64.38	$121.55K	28.6%	6.60K	8.49K
Common Stock Direct	5/2/2023	S · Sale	−1.89K	$200.05	$377.69K	22.2%	8.49K	6.60K
Common Stock Direct	5/2/2023	M · Option Exercise	+3.17K	$160.33	$508.41K	48.0%	6.60K	9.78K
Common Stock Direct	5/2/2023	S · Sale	−3.17K	$200.05	$634.36K	32.4%	9.78K	6.60K
Common Stock Direct	5/2/2023	M · Option Exercise	+3.46K	$147.50	$510.64K	52.4%	6.60K	10.07K
Common Stock Direct	5/2/2023	S · Sale	−3.46K	$200.10	$692.75K	34.4%	10.07K	6.60K
Common Stock Direct	5/2/2023	S · Sale	−351.00	$200.07	$70.22K	5.3%	6.60K	6.25K
Common Stock Indirect	5/2/2023	S · Sale	−5.83K	$200.07	$1.17M	32.1%	18.17K	12.34K
Total			−11.37K		-$3.82M

Derivative Transactions5

Non-Qualified Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

1.99K shares

−1.99K

Strike price

56.77

Held after

0.00

Exercisable

—

5/1/2023

Non-Qualified Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

5.15K shares

−5.15K

Strike price

64.38

Held after

1.89K

Exercisable

—

5/1/2023

Non-Qualified Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

1.89K shares

−1.89K

Strike price

64.38

Held after

0.00

Exercisable

—

5/2/2023

Non-Qualified Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

3.17K shares

−3.17K

Strike price

160.33

Held after

0.00

Exercisable

—

5/2/2023

Non-Qualified Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

3.46K shares

−3.46K

Strike price

147.50

Held after

0.00

Exercisable

—

5/2/2023

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Non-Qualified Stock Option (right to buy) Direct	Common Stock1.99K shares	5/1/2023	M · Option Exercise	−1.99K	56.77	—	0.00
Non-Qualified Stock Option (right to buy) Direct	Common Stock5.15K shares	5/1/2023	M · Option Exercise	−5.15K	64.38	—	1.89K
Non-Qualified Stock Option (right to buy) Direct	Common Stock1.89K shares	5/2/2023	M · Option Exercise	−1.89K	64.38	—	0.00
Non-Qualified Stock Option (right to buy) Direct	Common Stock3.17K shares	5/2/2023	M · Option Exercise	−3.17K	160.33	—	0.00
Non-Qualified Stock Option (right to buy) Direct	Common Stock3.46K shares	5/2/2023	M · Option Exercise	−3.46K	147.50	—	0.00