MICHAEL MORRISSEY - 31 Aug 2023 Form 4 Insider Report for EXELIXIS, INC. (EXEL)

Signature
/s/ Nina Ayer, Attorney in Fact
Issuer symbol
EXEL
Transactions as of
31 Aug 2023
Net transactions value
$0
Form type
4
Filing time
05 Sep 2023, 20:59:00 UTC
Previous filing
30 Aug 2023
Next filing
08 Sep 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXEL Common Stock Gift $0 -56,221 -8.8% $0.000000 585,496 31 Aug 2023 Direct F1, F2
transaction EXEL Common Stock Gift $0 +56,221 +4.2% $0.000000 1,396,541 31 Aug 2023 By Trust F1, F3
transaction EXEL Common Stock Gift $0 -57,500 -4.1% $0.000000 1,339,041 01 Sep 2023 By Trust F3, F4
holding EXEL Common Stock 17,728 31 Aug 2023 By 401(k) F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On August 31, 2023, the Reporting Person gifted 56,221 shares of Exelixis, Inc. common stock ("Common Stock") to Michael M. Morrissey and Meghan D. Morrissey, Trustees of the Morrissey Family Trust dated July 21, 1994, as amended.
F2 Includes 515,997 shares of Common Stock that will be issued to the Reporting Person upon vesting of restricted stock units.
F3 Shares held by Michael M. Morrissey and Meghan D. Morrissey, Trustees of the Morrissey Family Living Trust dated July 21, 1994, as amended.
F4 Represents shares of Common Stock that the Reporting Person donated as a gift to a donor advised fund.
F5 Represents shares of Common Stock under the Exelixis, Inc. 401(k) Plan, pursuant to a plan statement dated as of August 30, 2023.