FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Krauss Adam
2. Date of Event Requiring Statement (MM/DD/YYYY)
12/17/2020 

3. Issuer Name and Ticker or Trading Symbol

AGENUS INC [AGEN]
(Last)        (First)        (Middle)

C/O AGENUS INC., 3 FORBES ROAD
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                          _____ 10% Owner
___X___ Officer (give title below)        _____ Other (specify below)
Chief Legal Officer /
(Street)

LEXINGTON, MA 02421      

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed(MM/DD/YYYY)
 

6. Individual or Joint/Group Filing(Check Applicable Line)

_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (Right to buy)  (1)11/30/2030 Common Stock 75000 $3.70 D  
Restricted Stock Units  (2) (2)Common Stock 35000  (2)D  

Explanation of Responses:
(1) Stock Option awarded in accordance with the Agenus Inc. 2019 Equity Incentive Plan (the "2019 Plan") and vests over four years with one-fourth of the award vesing on each of November 30, 2021, 2022, 2023 and 2024 (provided Mr. Krauss maintains a service relationship with the Company though each such vesting date).
(2) Restricted Stock Units awarded in accordance with the 2019 Plan and vest over a three year period with one-third of the award vesting on each of November 30, 2021, 2022 and 2023 (provided Mr. Krauss maintains a service relationship with the Company through each such vesting date).

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Krauss Adam
C/O AGENUS INC., 3 FORBES ROAD
LEXINGTON, MA 02421


Chief Legal Officer

Signatures
/s/ Adam Krauss12/21/2020
**Signature of Reporting PersonDate

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