Christopher J. Senner - 15 May 2025 Form 4 Insider Report for EXELIXIS, INC. (EXEL)

Role
EVP and CFO
Signature
/s/ Nina Ayer, Attorney in Fact
Issuer symbol
EXEL
Transactions as of
15 May 2025
Net transactions value
-$4,569,492
Form type
4
Filing time
16 May 2025, 20:58:03 UTC
Previous filing
31 Mar 2025
Next filing
06 Jun 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Senner Christopher J. EVP and CFO C/O EXELIXIS, INC., 1851 HARBOR BAY PARKWAY, ALAMEDA /s/ Nina Ayer, Attorney in Fact 16 May 2025 0001648367

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXEL Common Stock Tax liability $1,849,492 -41,422 -4.1% $44.65 967,842 15 May 2025 Direct F1, F2
transaction EXEL Common Stock Options Exercise $1,880,000 +100,000 +10% $18.80 1,067,842 16 May 2025 Direct F2
transaction EXEL Common Stock Sale $4,600,000 -100,000 -9.4% $46.00 967,842 16 May 2025 Direct F2
holding EXEL Common Stock 2,723 15 May 2025 By 401(k) F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction EXEL Option (right to buy) Options Exercise $0 -100,000 -100% $0.000000 0 16 May 2025 Common Stock 100,000 $18.80 Direct F4
* 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 ("RSUs") awarded on March 4, 2021, March 4, 2022, April 3, 2023, and February 23, 2024.
F2 Includes 419,440 shares of Exelixis, Inc. common stock ("Common Stock") that will be issued to the Reporting Person upon vesting of RSUs and performance-based restricted stock units ("PSUs"). Each RSU is the economic equivalent of one share of Common Stock and each PSU represents a contingent right to receive one share of Common Stock.
F3 Represents shares of Common Stock under the Exelixis, Inc. 401(k) Plan, pursuant to a plan statement dated as of May 14, 2025.
F4 The option, representing the right to purchase a total of 100,000 shares of Common Stock, became fully exercisable on September 10, 2022.