Michael Morrissey - 15 Feb 2022 Form 4 Insider Report for EXELIXIS, INC. (EXEL)

Role
President and CEO, Director
Signature
/s/ Christopher J. Senner, Attorney in Fact
Issuer symbol
EXEL
Transactions as of
15 Feb 2022
Net transactions value
-$1,211,083
Form type
4
Filing time
17 Feb 2022, 19:06:15 UTC
Previous filing
14 Feb 2022
Next filing
08 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXEL Common Stock Tax liability $113,455 -6,103 -3.1% $18.59 187,900 15 Feb 2022 Direct F1, F2
transaction EXEL Common Stock Tax liability $1,097,628 -59,044 -31% $18.59 128,856 15 Feb 2022 Direct F3
holding EXEL Common Stock 1,246,316 15 Feb 2022 By Trust F4
holding EXEL Common Stock 17,728 15 Feb 2022 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 performance-based restricted stock units awarded on September 10, 2018, for which the Compensation Committee certified that Exelixis, Inc. had achieved certain performance criteria on February 3, 2021.
F2 Includes 70,240 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 20, 2019, for which the Compensation Committee certified that Exelixis, Inc. had achieved certain performance criteria on February 3, 2021.
F4 Shares held by Michael M. Morrissey and Meghan D. Morrissey, Trustees of the Morrissey Family Living Trust dated July 21, 1994, as amended.
F5 Represents shares of Exelixis, Inc. common stock under the Exelixis, Inc. 401(k) Plan, pursuant to a plan statement dated as of February 14, 2022.