Michael Morrissey - Nov 7, 2023 Form 4 Insider Report for EXELIXIS, INC. (EXEL)

Role
President and CEO, Director
Signature
/s/ Nina Ayer, Attorney in Fact
Stock symbol
EXEL
Transactions as of
Nov 7, 2023
Transactions value $
$0
Form type
4
Date filed
11/9/2023, 04:54 PM
Previous filing
Sep 8, 2023
Next filing
Nov 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXEL Common Stock Gift $0 -117K -16.08% $0.00 610K Nov 7, 2023 Direct F1, F2
transaction EXEL Common Stock Gift $0 +117K +8.73% $0.00 1.46M Nov 7, 2023 By Trust F1, F3
holding EXEL Common Stock 17.7K Nov 7, 2023 By 401(k) F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On November 7, 2023, the Reporting Person gifted 116,893 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 610,000 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 under the Exelixis, Inc. 401(k) Plan, pursuant to a plan statement dated as of November 6, 2023.