Celia Eckert - 05 Mar 2024 Form 4 Insider Report for Xencor Inc (XNCR)

Signature
/s/ Celia E. Eckert, Attorney-in-Fact
Issuer symbol
XNCR
Transactions as of
05 Mar 2024
Net transactions value
-$91,186
Form type
4
Filing time
07 Mar 2024, 16:03:28 UTC
Previous filing
13 Mar 2023
Next filing
12 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XNCR Common Stock Sale $91,186 -3,892 -10% $23.43 33,226 05 Mar 2024 Direct F1, F2
transaction XNCR Common Stock Award $0 +13,089 +39% $0.000000 46,315 05 Mar 2024 Direct F3

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 +78,534 $0.000000 78,534 05 Mar 2024 Common Stock 78,534 $22.85 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the disposition of shares that were sold to pay withholding taxes upon vesting of 10,136 restricted stock units.
F2 Includes the following shares acquired by the reporting person pursuant to the Issuer's Employee Stock Purchase Plan: 597 shares acquired in June 2023 and 142 shares acquired in December 2023.
F3 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.
F4 25% of the shares subject to the option shall vest on the one year anniversary of March 5, 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.