Maria C. Freire - May 29, 2025 Form 4 Insider Report for EXELIXIS, INC. (EXEL)

Role: Director
Signature: /s/ Nina Ayer, Attorney in Fact
Stock symbol: EXEL
Transactions as of: May 29, 2025
Transactions value $: $0
Form type: 4
Date filed: 5/30/2025, 07:13 PM
Previous filing: Feb 19, 2025
Next filing: Jun 18, 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Freire Maria C	Director	C/O EXELIXIS, INC., 1851 HARBOR BAY PARKWAY, ALAMEDA	/s/ Nina Ayer, Attorney in Fact	2025-05-30	0001547999

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EXEL	Common Stock	Award	$0	+9.81K	+10.78%	$0.00	101K	May 29, 2025	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents restricted stock units ("RSUs") granted to the Reporting Person on the Transaction Date pursuant to the Exelixis, Inc. 2017 Equity Incentive Plan. Each RSU is the economic equivalent of one share of Exelixis, Inc. common stock ("Common Stock"). The RSUs will vest as to 100% of the shares subject to the RSU award on May 29, 2026, subject to the Reporting Person's continuous service through that date.
F2	Includes 28,650 shares of Common Stock that will be issued to the Reporting Person upon vesting of RSUs.

Content

Represents restricted stock units ("RSUs") granted to the Reporting Person on the Transaction Date pursuant to the Exelixis, Inc. 2017 Equity Incentive Plan. Each RSU is the economic equivalent of one share of Exelixis, Inc. common stock ("Common Stock"). The RSUs will vest as to 100% of the shares subject to the RSU award on May 29, 2026, subject to the Reporting Person's continuous service through that date.

Includes 28,650 shares of Common Stock that will be issued to the Reporting Person upon vesting of RSUs.