Celia Eckert - 04 Mar 2025 Form 4 Insider Report for Xencor Inc (XNCR)

Signature
/s/ Celia E. Eckert, Attorney-in-Fact
Issuer symbol
XNCR
Transactions as of
04 Mar 2025
Net transactions value
$0
Form type
4
Filing time
05 Mar 2025, 17:03:51 UTC
Previous filing
12 Mar 2024
Next filing
11 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XNCR Common Stock Award $0 +21,949 +46% $0.000000 69,247 04 Mar 2025 Direct F1, F2, 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 Option (Right to Buy) Award $0 +65,847 $0.000000 65,847 04 Mar 2025 Common Stock 65,847 $14.15 Direct F4
* 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, subject to the Reporting Person's continuous service to the Issuer on and through each applicable vesting date, inclusive.
F2 Includes the following shares acquired by the Reporting Person pursuant to the Issuer's Employee Stock Purchase Plan: 822 shares acquired on June 10, 2024 and 414 shares acquired on December 10, 2024.
F3 Includes 597 shares previously inadvertently omitted due to a clerical error. On March 7, 2024, the Reporting Person filed a Form 4 which reported that, following the transactions, the Reporting Person beneficially owned a total of 46,315 shares of Common Stock (the "Original Report"). The Original Report and the subsequent Form 4 filed by the Reporting Person on March 12, 2024 inadvertently omitted 597 shares held by the Reporting Person due to a clerical error.
F4 25% of the shares subject to the option shall vest on the one year anniversary of March 4, 2025 (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, subject to the Reporting Person's continuous service to the Issuer on and through each applicable vesting date, inclusive.