KURT A. GUSTAFSON - 06 Mar 2024 Form 4 Insider Report for Xencor Inc (XNCR)

Role
Director
Signature
/s/ Celia E. Eckert, Attorney-in-Fact
Issuer symbol
XNCR
Transactions as of
06 Mar 2024
Transactions value $
-$163,503
Form type
4
Filing time
07 Mar 2024, 16:10:27 UTC
Previous filing
20 Feb 2024
Next filing
02 Apr 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 Options Exercise $160,950 +15,000 +300% $10.73 20,007 06 Mar 2024 Direct F1
transaction XNCR Common Stock Sale -$324,452 -14,000 -70% $23.18 6,007 06 Mar 2024 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 Option (Right to Buy) Options Exercise $0 -15,000 -100% $0.000000* 0 06 Mar 2024 Common Stock 15,000 $10.73 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Underlying option due to expire in July 2024.
F2 Represents the disposition of shares sold to pay option cost and estimated tax liability due upon option exercise.
F3 1/3 of the shares subject to the stock option vest and become exercisable on July 14, 2015, and the remaining shares vest in equal monthly installments over the subsequent 24 months.