Patrick J. Haley - 16 Sep 2021 Form 4 Insider Report for EXELIXIS, INC. (EXEL)

Role
EVP, Commercial
Signature
/s/ Jennifer Drimmer Rokovich, Attorney in Fact
Issuer symbol
EXEL
Transactions as of
16 Sep 2021
Transactions value $
-$466,500
Form type
4
Filing time
17 Sep 2021, 19:58:08 UTC
Previous filing
18 May 2021
Next filing
04 Oct 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXEL Common Stock Options Exercise $42.5K +25K +8.9% $1.70* 306K 16 Sep 2021 Direct F1
transaction EXEL Common Stock Sale -$509K -25K -8.17% $20.36 281K 16 Sep 2021 Direct F2, F3
holding EXEL Common Stock 23.5K 16 Sep 2021 By spouse
holding EXEL Common Stock 10.6K 16 Sep 2021 By 401(k) F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction EXEL Option (right to buy) Options Exercise $0 -25K -100% $0.00* 0 16 Sep 2021 Common Stock 25K $1.70 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 221,640 shares of Exelixis, Inc. common stock that will be issued to the Reporting Person upon vesting of restricted stock units.
F2 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 25, 2021.
F3 Represents the weighted average sales price. The shares were sold in multiple transactions at prices ranging from $20.14 to $20.52. Reporting Person undertakes to provide Exelixis, Inc., any security holder of Exelixis, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote 3 to this Form 4.
F4 Represents shares of Exelixis, Inc. common stock under the Exelixis, Inc. 401(k) Plan, pursuant to a plan statement dated as of September 15, 2021.
F5 The option, representing the right to purchase a total of 120,000 shares of Exelixis, Inc. common stock, became fully exercisable on April 28, 2016.