Michael Morrissey - May 15, 2024 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
May 15, 2024
Transactions value $
-$1,552,064
Form type
4
Date filed
5/17/2024, 07:58 PM
Previous filing
Feb 27, 2024
Next filing
Oct 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXEL Common Stock Tax liability -$719K -34.3K -3.3% $20.99 1M May 15, 2024 Direct F1, F2
transaction EXEL Common Stock Tax liability -$833K -39.7K -3.95% $20.99 964K May 15, 2024 Direct F2, F3
holding EXEL Common Stock 1.44M May 15, 2024 By Trust F4
holding EXEL Common Stock 17.7K May 15, 2024 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 March 4, 2022.
F2 Includes 830,957 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 restricted stock units awarded April 3, 2023.
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 May 14, 2024.