<SEC-DOCUMENT>0001019056-20-000454.txt : 20200804
<SEC-HEADER>0001019056-20-000454.hdr.sgml : 20200804
<ACCEPTANCE-DATETIME>20200731165125
ACCESSION NUMBER:		0001019056-20-000454
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20200727
FILED AS OF DATE:		20200729
DATE AS OF CHANGE:		20200731

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Lamothe Jeffrey G.
		CENTRAL INDEX KEY:			0001679967

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-37746
		FILM NUMBER:		201066627

	MAIL ADDRESS:	
		STREET 1:		2401 4TH AVENUE
		STREET 2:		SUITE 1050
		CITY:			SEATTLE
		STATE:			WA
		ZIP:			98121

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Aptevo Therapeutics Inc.
		CENTRAL INDEX KEY:			0001671584
		STANDARD INDUSTRIAL CLASSIFICATION:	PHARMACEUTICAL PREPARATIONS [2834]
		IRS NUMBER:				811567056
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		2401 4TH AVE.
		STREET 2:		SUITE 1050
		CITY:			SEATTLE
		STATE:			WA
		ZIP:			98121
		BUSINESS PHONE:		206-838-0500

	MAIL ADDRESS:	
		STREET 1:		2401 4TH AVE.
		STREET 2:		SUITE 1050
		CITY:			SEATTLE
		STATE:			WA
		ZIP:			98121
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
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    <footnotes>
        <footnote id="F1">Reflects a 1-for-14 reverse stock split of the issuer's common stock effective as of March 26, 2020.</footnote>
        <footnote id="F2">This stock option award vested on March 10, 2017. This award was originally part of a grant from Emergent BioSolutions Inc. (&quot;Emergent&quot;) dated March 11, 2014, of which two-thirds were vested at the time of conversion to the issuer's equity pool.</footnote>
        <footnote id="F3">In connection with the issuer's offer exchange program described in the issuer's tender offer statement on Schedule TO filed by the issuer with the Securities and Exchange Commission on June 29, 2020, as amended, on July 27, 2020 the issuer cancelled certain of the reporting person's options to acquire shares of the issuer's common stock and, in exchange thereof, granted the reporting person new options to acquire shares of the issuer's common stock, in each case, as reported on this Form 4.</footnote>
        <footnote id="F4">This stock option award vested in full on March 10, 2018. This award was originally part of a grant from Emergent dated March 11, 2015, of which two-thirds were vested at the time of conversion to the issuer's equity pool.</footnote>
        <footnote id="F5">This stock option award vested over three years, and the final one-third vested on March 1, 2019.</footnote>
        <footnote id="F6">This stock option award vested over three years, and the final one-third vested on February 24, 2020.</footnote>
        <footnote id="F7">This stock option award vested over three years, and the final one-third vested on June 1, 2020.</footnote>
        <footnote id="F8">This stock option award provides for vesting in three approximately equal annual installments beginning on March 9, 2019. Prior to July 27, 2020, all but 1,605 shares of the issuer's common stock underlying this stock option had vested.</footnote>
        <footnote id="F9">This stock option award provides for vesting in three approximately equal annual installments beginning on February 28, 2020. Prior to July 27, 2020, all but 3,210 shares of the issuer's common stock underlying this stock option had vested.</footnote>
        <footnote id="F10">These options vest in full on the one year anniversary of the date of grant.</footnote>
        <footnote id="F11">These options will vest in three approximately equal annual installments beginning on the one year anniversary of the date of grant.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Carl A. Valenstein, attorney-in-fact</signatureName>
        <signatureDate>2020-07-29</signatureDate>
    </ownerSignature>
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</SEC-DOCUMENT>
