Form 4 for EXEL EXELIXIS, INC.

Accepted 2022-05-27 00:00:00 ET · period of report 2022-05-26 · accession 0000939767-22-000076 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
D	2022-05-27	2022-05-26	EXEL	Wright Jacqueline	Dir	A - Grant	$0.00	+10.2K	31.0K	+49%	$0
D	2022-05-27	2022-05-26	EXEL	Wright Jacqueline	Dir	A - Grant	$0.00	+20.4K	20.4K	New	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2022-05-26	A	A	10,180	$0.00	31,038	D	—	—	(F1) Represents shares of Exelixis, Inc. common stock that will be issued to the Reporting Person upon vesting of restricted stock units. Each restricted stock unit is the economic equivalent of one share of Exelixis, Inc. common stock. (F2) The restricted stock units were granted to the Reporting Person on the Transaction Date pursuant to the Exelixis, Inc. 2017 Equity Incentive Plan. The restricted stock units will vest as to 100% of the shares subject to the restricted stock unit award on May 26, 2023, subject to the Reporting Person's continuous service through that date. (F3) Includes 31,038 shares of Exelixis, Inc. common stock that will be issued to the Reporting Person upon vesting of restricted stock units.
2	Derivative	Option (right to buy)	2022-05-26	A	A	20,360	$0.00	20,360	D	$18.19 · 2022-05-26 to 2029-05-25	20,360 Common Stock	(F4) Option granted pursuant to the Exelixis, Inc. 2017 Equity Incentive Plan. The option is exercisable immediately, subject to repurchase provisions, and will vest as to 100% of the shares subject to the option on the first anniversary of the date of grant, subject to the Reporting Person's continuous service through such date.