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

Signature
/s/ Celia E. Eckert, Attorney-in-Fact
Stock symbol
XNCR
Transactions as of
Mar 2, 2023
Transactions value $
-$28,984
Form type
4
Date filed
3/6/2023, 08:23 PM
Previous filing
Feb 16, 2023
Next filing
Mar 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XNCR Common Stock Award $0 +12K +10.12% $0.00 131K Mar 2, 2023 Direct F1
transaction XNCR Common Stock Sale -$29K -919 -0.7% $31.54 130K Mar 3, 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 +72K $0.00 72K Mar 2, 2023 Common Stock 72K $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 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.
F2 Represents the disposition of shares that were sold to pay withholding taxes upon vesting of 2,259 restricted stock units.
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.