Form 4 for EXEL EXELIXIS, INC.
Accepted 2024-10-03 00:00:00 ET · period of report 2024-10-01 · accession 0000939767-24-000133 · 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 | 2024-10-03 | 2024-10-03 | EXEL | MORRISSEY MICHAEL | Pres, CEO, Dir | G - Gift | $0.00 | -16.3K | 964.4K | -2% | $0 |
| D | 2024-10-03 | 2024-10-01 | EXEL | MORRISSEY MICHAEL | Pres, CEO, Dir | F - Tax | $26.30 | -463.7K | 980.7K | -32% | -$12.20M |
| DI | 2024-10-03 | 2024-10-03 | EXEL | MORRISSEY MICHAEL | Pres, CEO, Dir | G - Gift | $0.00 | +16.3K | 1.45M | +1% | $0 |
| D | 2024-10-03 | 2024-10-01 | EXEL | MORRISSEY MICHAEL | Pres, CEO, Dir | M - OptEx | $24.41 | +480.0K | 1.44M | +50% | +$11.72M |
| D | 2024-10-03 | 2024-10-01 | EXEL | MORRISSEY MICHAEL | Pres, CEO, Dir | M - OptEx | $0.00 | -480.0K | 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 | 2024-10-03 | G | D | 16,298 | $0.00 | 964,384 | D | — | — | (F1) Includes 830,957 shares of Exelixis, Inc. common stock ("Common Stock") that will be issued to the Reporting Person upon vesting of restricted stock units ("RSUs"). Each RSU is the economic equivalent of one share of Common Stock. |
| 2 | Common | Common Stock | 2024-10-01 | F | D | 463,702 | $26.30 | 980,682 | D | — | — | (F2) Represents a "net exercise" of an outstanding stock option to purchase 480,000 shares, and pursuant to which the Reporting Person received 16,298 shares, of Common Stock. The Issuer withheld 463,702 shares of Common Stock underlying the stock option for payment of the exercise price and tax withholding using the closing stock price on October 1, 2024 of $26.30. (F1) Includes 830,957 shares of Exelixis, Inc. common stock ("Common Stock") that will be issued to the Reporting Person upon vesting of restricted stock units ("RSUs"). Each RSU is the economic equivalent of one share of Common Stock. |
| 3 | Common | Common Stock | 2024-10-03 | G | A | 16,298 | $0.00 | 1,453,212 | I | — | — | |
| 4 | Common | Common Stock | 2024-10-01 | M | A | 480,000 | $24.41 | 1,444,384 | D By Trust | — | — | (F1) Includes 830,957 shares of Exelixis, Inc. common stock ("Common Stock") that will be issued to the Reporting Person upon vesting of restricted stock units ("RSUs"). Each RSU is the economic equivalent of one share of Common Stock. (F4) Shares held by Michael M. Morrissey and Meghan D. Morrissey, Trustees of the Morrissey Family Living Trust dated July 21, 1994, as amended. |
| 5 | Derivative | Option (right to buy) | 2024-10-01 | M | D | 480,000 | $0.00 | 0 | D | $24.41 · 2018-10-03 to 2024-10-02 | 480,000 Common Stock | (F6) The option, representing the right to purchase a total of 480,000 shares of Common Stock, became fully exercisable on October 3, 2021. |