John R. Desjarlais - Mar 2, 2023 Form 4 Insider Report for Xencor Inc (XNCR)

Role: SR. VICE PRESIDENT & CSO
Signature: /s/ Celia E. Eckert, Attorney-in-Fact
Stock symbol: XNCR
Transactions as of: Mar 2, 2023
Transactions value $: -$38,855
Form type: 4
Date filed: 3/6/2023, 08:05 PM
Previous filing: Mar 10, 2022
Next filing: Mar 8, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	XNCR	Common Stock	Sale	-$38.9K	-1.23K	-0.8%	$31.54	153K	Mar 3, 2023	Direct	F1
transaction	XNCR	Common Stock	Award	$0	+18.8K	+13.83%	$0.00	154K	Mar 2, 2023	Direct	F2

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	XNCR	Stock Options	Award	$0	+113K		$0.00	113K	Mar 2, 2023	Common Stock	113K	$31.43	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the disposition of shares that were sold to pay withholding taxes upon vesting of 3,029 restricted stock units.
F2	Represents restricted stock units that vest as follows: 1/3 of the shares vest on the first, second and third anniversaries of the date of grant.
F3	25% of the shares subject to the option shall vest on the one year anniversary of March 2, 2023 (the "Vesting Commencement Date") and 1/48th of the shares shall vest monthly thereafter, such that the option shall be fully vested on the four year anniversary of the Vesting Commencement Date.