Patrick J. Haley - 15 Nov 2022 Form 4 Insider Report for EXELIXIS, INC. (EXEL)

Signature
/s/ Nina Ayer, Attorney in Fact
Issuer symbol
EXEL
Transactions as of
15 Nov 2022
Transactions value $
-$119,928
Form type
4
Date filed
17 Nov 2022, 19:48
Previous filing
14 Sep 2022
Next filing
08 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXEL Common Stock Tax liability -$120K -7.18K -2.74% $16.71 254K 15 Nov 2022 Direct F1, F2
holding EXEL Common Stock 23.5K 15 Nov 2022 By spouse
holding EXEL Common Stock 10.6K 15 Nov 2022 By 401(k) F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld by Exelixis, Inc. to satisfy taxes payable in connection with the vesting of performance-based restricted stock units awarded on September 11, 2020, for which the Compensation Committee certified that Exelixis, Inc. had achieved certain performance criteria on September 30, 2021.
F2 Includes 151,866 shares of Exelixis, Inc. common stock that will be issued to the Reporting Person upon vesting of restricted stock units.
F3 Represents shares of Exelixis, Inc. common stock under the Exelixis, Inc. 401(k) Plan, pursuant to a plan statement dated as of November 14, 2022.