Form 4 for EXEL EXELIXIS, INC.
Accepted 2023-08-30 00:00:00 ET · period of report 2023-08-28 · accession 0000939767-23-000100 · 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 | 2023-08-30 | 2023-08-28 | EXEL | MORRISSEY MICHAEL | Pres, CEO, Dir | F - Tax | $22.18 | -303.8K | 641.7K | -32% | -$6.74M |
| D | 2023-08-30 | 2023-08-28 | EXEL | MORRISSEY MICHAEL | Pres, CEO, Dir | M - OptEx | $15.31 | +360.0K | 945.5K | +61% | +$5.51M |
| D | 2023-08-30 | 2023-08-28 | EXEL | MORRISSEY MICHAEL | Pres, CEO, Dir | M - OptEx | $0.00 | -360.0K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-08-28 | F | D | 303,779 | $22.18 | 641,717 | D | — | — | (F2) Represents a "net exercise" of an outstanding stock option. The Reporting Person received 56,221 shares of Common Stock on the net exercise of a stock option to purchase 360,000 shares of Common Stock. The Issuer withheld 303,779 shares of Common Stock underlying the stock option for payment of the exercise price and tax withholding using a stock price on August 28, 2023 of $22.18. (F1) Includes 515,997 shares of Exelixis, Inc. common stock ("Common Stock") that will be issued to the Reporting Person upon vesting of restricted stock units. |
| 2 | Common | Common Stock | 2023-08-28 | M | A | 360,000 | $15.31 | 945,496 | D | — | — | (F1) Includes 515,997 shares of Exelixis, Inc. common stock ("Common Stock") that will be issued to the Reporting Person upon vesting of restricted stock units. |
| 3 | Derivative | Option (right to buy) | 2023-08-28 | M | D | 360,000 | $0.00 | 0 | D | $15.31 · 2017-09-26 to 2023-09-25 | 360,000 Common Stock | (F5) The option, representing the right to purchase a total of 360,000 shares of Common Stock, became fully exercisable on September 26, 2020. |