Nancy Valente - 01 May 2023 Form 4 Insider Report for Xencor Inc (XNCR)

Role: EVP, Chief Development Officer
Signature: /s/ Celia E. Eckert, Attorney-in-Fact
Issuer symbol: XNCR
Transactions as of: 01 May 2023
Transactions value $: $0
Form type: 4
Filing time: 03 May 2023, 20:48:54 UTC
Previous filing: 10 Mar 2023
Next filing: 07 Mar 2024
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	+39,296		$0	39,296	01 May 2023	Direct	F1

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	+235,778		$0	235,778	01 May 2023	Common Stock	235,778	$27.07	Direct	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 that vest as follows: 1/3 of the shares vest on the first, second and third anniversaries of the date of grant.
F2	25% of the shares subject to the option shall vest on the one year anniversary of May 1, 2024 (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.