SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
Under the Securities Exchange Act of 1934
(Amendment No. )*
Pieris Pharmaceuticals, Inc.
(Name of Issuer)
(Title of Class of Securities)
March 24, 2021
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
☐ Rule 13d-1(b)
☒ Rule 13d-1(c)
☐ Rule 13d-1(d)
The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
CUSIP No. 720795103
Names of Reporting Persons
Check the Appropriate Box if a Member of a Group (see instructions)
(a) ☐ (b) ☐
SEC USE ONLY
Citizenship or Place of Organization
Sole Voting Power
Shared Voting Power
Sole Dispositive Power
Shared Dispositive Power
Aggregate Amount Beneficially Owned by Each Reporting Person
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (see instructions)
Percent of Class Represented by Amount in Row 9
Type of Reporting Person (see instructions)
Based on 59,718,989 shares of Common Stock that were outstanding as of March 29, 2021, as set forth in the Issuers Form 10-K filed with the SEC on March 31, 2021.
|Item 1(a).|| |
Name of Issuer: Pieris Pharmaceuticals, Inc.
|Item 1(b).|| |
Address of Issuers Principal Executive Offices: 225 State Street, 9th Floor, Boston, MA 02109
|Item 2(a).|| |
Name of Person Filing: Seagen Inc.
|Item 2(b).|| |
Address of Principal Business Office or, if none, Residence: The address and principal business office of the Reporting Person is:
21823 30th Drive SE
Bothell, WA 98021
|Item 2(c).|| |
Citizenship: Seagen Inc. is an entity that is incorporated in Delaware, U.S.A.
|Item 2(d).|| |
Title of Class of Securities: Common Stock
|Item 2(e).|| |
CUSIP Number: 720795103
|Item 3.|| |
If this statement is filed pursuant to §§240.13d-1(b), or 240.13d-2(b) or (c), check whether the person filing is a:
|(a)||☐||Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o);|
|(b)||☐||Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);|
|(c)||☐||Insurance company as defined in section 3(a)19) of the Act (15 U.S.C. 78c);|
|(d)||☐||Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);|
|(e)||☐||An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);|
|(f)||☐||An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);|
|(g)||☐||A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);|
|(h)||☐||A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);|
|(i)||☐||A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);|
|(j)||☐||A non-U.S. institution in accordance with §240.13d1(b)(1)(ii)(J);|
|(k)||☐||Group, in accordance with §240.13d1(b)(1)(ii)(K).|
|If filing as a non-U.S. institution in accordance with §240.13d1(b)(1)(ii)(J), please specify the type of institution:|
|Item 4.|| |
Provide the following information regarding the aggregate number and percentage of the class of securities of the Issuer identified in Item 1.
Amount Beneficially Owned: See Row 9 of cover page for Reporting Person.
Percent of Class: See Row 11 of cover page for Reporting Person
Number of shares as to which the person has:
Sole power to vote or to direct the vote: See Row 5 of cover page for Reporting Person.
Shared power to vote or to direct the vote: See Row 6 of cover page for Reporting Person.
Sole power to dispose or to direct the disposition of: See Row 7 of cover page for Reporting Person.
Shared power to dispose or to direct the disposition of: See Row 8 of cover page for Reporting Person.
|Item 5.|| |
Ownership of 5 Percent or Less of a Class
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following ☐.
|Item 6.|| |
Ownership of More than 5 Percent on Behalf of Another Person
|Item 7.|| |
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person.
|Item 8.|| |
Identification and Classification of Members of the Group
|Item 9.|| |
Notice of Dissolution of a Group
|Item 10.|| |
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
|Date: April 2, 2021||SEAGEN INC.|
|Name:||Jean I. Liu|
|Title:||Executive Vice President, Legal Affairs &|