Sec Form 4 Filing - Williams Glen @ SYNAGEVA BIOPHARMA CORP - 2015-06-05

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person Williams Glen 2. Issuer Name and Ticker or Trading Symbol SYNAGEVA BIOPHARMA CORP [ GEVA] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) SVP, Technical Operations (Last) (First) (Middle) 33 HAYDEN AVE 3. Date of Earliest Transaction (MM/DD/YY) 06/05/2015 (Street) LEXINGTON, MA02421 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 06/05/2015 A 25,500 ( 1 ) A $ 0 25,968 D Common Stock 06/08/2015 M 833 A $ 40.32 26,801 D Common Stock 06/08/2015 M 833 A $ 57.56 27,634 D Common Stock 06/08/2015 M 11,250 A $ 80.35 38,884 D Common Stock 06/08/2015 S 10,396 ( 6 ) D $ 214.72 28,488 D Common Stock 06/08/2015 S 2,520 ( 7 ) D $ 215.72 25,968 D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Executi on Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Stock Option (Right to Buy) $ 40.32 06/08/2015 M( 2 ) 833 ( 3 ) 06/06/2023 Common Stock 833 $ 0 20,002 D Stock Option (Right to Buy) $ 57.56 06/08/2015 M( 2 ) 833 ( 4 ) 10/04/2022 Common Stock 833 $ 0 13,334 D Stock Option (Right to Buy) $ 80.35 06/08/2015 M( 2 ) 11,250 ( 5 ) 06/04/2024 Common Stock 11,250 $ 0 33,750 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Williams Glen 33 HAYDEN AVE LEXINGTON, MA02421 SVP, Technical Operations Signatures /s/ Glen Williams 06/09/2015 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Award of Restricted Stock Units under the 2014 Equity Incentive Plan. Vests (x) 25% on June 5, 2016 and (y) 12.5% per six months thereafter. ( 2 )The stock option exercise and sale of shares of the Company's common stock reported in this Form 4 was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on March 2, 2015. ( 3 )25% of the total number of shares subject to the option vest and become exercisable on 06/06/2014 and 1/36 of the remainder of the shares subject to the option shall vest and become exercisable monthly thereafter. ( 4 )25% of the total number of shares subject to the option vest and become exercisable on 09/24/2013 and 1/36 of the remainder of the shares subject to the option shall vest and become exercisable monthly thereafter. ( 5 )25% of the total number of shares subject to the option vest and become exercisable on 06/04/2015 and 1/36 of the remainder of the shares subject to the option shall vest and become exercisable monthly thereafter ( 6 )This transaction was executed in multiple trades through a broker-dealer at prices ranging from $214.35 to $215.33. The price reported in this row reflects the weighted average sales price. Upon request, the reporting person will provide to the SEC staff full information regarding the number of shares sold at each price. ( 7 )This transaction was executed in multiple trades through a broker-dealer at prices ranging from $215.38 to $216.17. The price reported in this row reflects the weighted average sales price. Upon request, the reporting person will provide to the SEC staff full information regarding the number of shares sold at each price.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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