Jeffrey Hessekiel - Nov 15, 2021 Form 4 Insider Report for EXELIXIS, INC. (EXEL)

Role
EVP and General Counsel
Signature
/s/ Jennifer Drimmer Rokovich, Attorney in Fact
Stock symbol
EXEL
Transactions as of
Nov 15, 2021
Transactions value $
-$988,459
Form type
4
Date filed
11/17/2021, 07:37 PM
Previous filing
Nov 3, 2021
Next filing
Dec 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXEL Common Stock Tax liability -$119K -6.56K -1.04% $18.10 626K Nov 15, 2021 Direct F1, F2
transaction EXEL Common Stock Tax liability -$23.7K -1.31K -0.21% $18.10 625K Nov 15, 2021 Direct F3
transaction EXEL Common Stock Tax liability -$846K -46.7K -7.48% $18.10 578K Nov 15, 2021 Direct F4
holding EXEL Common Stock 999 Nov 15, 2021 By 401(k) F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld by Exelixis, Inc. to satisfy taxes payable in connection with the vesting of restricted stock units awarded on October 3, 2017.
F2 Includes 103,815 shares of Exelixis, Inc. common stock that will be issued to the Reporting Person upon vesting of restricted stock units.
F3 Shares withheld by Exelixis, Inc. to satisfy taxes payable in connection with the vesting of performance-based restricted stock units awarded on September 10, 2018, for which the Compensation Committee certified that Exelixis, Inc. had achieved the performance goal on September 2, 2020.
F4 Shares withheld by Exelixis, Inc. to satisfy taxes payable in connection with the vesting of performance-based restricted stock units awarded on September 20, 2019, for which the Compensation Committee certified that Exelixis, Inc. had achieved certain performance criteria on October 22, 2020.
F5 Represents shares of Exelixis, Inc. common stock under the Exelixis, Inc. 401(k) Plan, pursuant to a plan statement dated as of November 12, 2021.