John J. Kuch - 02 Mar 2023 Form 4 Insider Report for Xencor Inc (XNCR)

Role: SR. VICE PRESIDENT & CFO
Signature: /s/ Celia E. Eckert, Attorney-in-Fact
Issuer symbol: XNCR
Transactions as of: 02 Mar 2023
Transactions value $: -$28,984
Form type: 4
Filing time: 06 Mar 2023, 20:23:51 UTC
Previous filing: 16 Feb 2023
Next filing: 08 Mar 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	XNCR	Common Stock	Award	$0	+12,005	+10%	$0	130,634	02 Mar 2023	Direct	F1
transaction	XNCR	Common Stock	Sale	-$28,983	-919	-0.7%	$31.54	129,715	03 Mar 2023	Direct	F2

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	XNCR	Stock Options	Award	$0	+72,029		$0	72,029	02 Mar 2023	Common Stock	72,029	$31.43	Direct	F3

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

Explanation of Responses:

Id	Content
F1	Represents restricted stock units that vest as follows: 1/3 of the shares vest on the first, second and third anniversaries of the date of grant.
F2	Represents the disposition of shares that were sold to pay withholding taxes upon vesting of 2,259 restricted stock units.
F3	25% of the shares subject to the option shall vest on the one year anniversary of March 2, 2023 (the "Vesting Commencement Date") and 1/48th of the shares shall vest monthly thereafter, such that the option shall be fully vested on the four year anniversary of the Vesting Commencement Date.