Bassil I. Dahiyat - Dec 29, 2023 Form 4 Insider Report for Xencor Inc (XNCR)

Role
PRESIDENT & CEO, Director
Signature
/s/ Celia E. Eckert, Attorney-in-Fact
Stock symbol
XNCR
Transactions as of
Dec 29, 2023
Transactions value $
-$223,409
Form type
4
Date filed
12/29/2023, 04:24 PM
Previous filing
Jul 3, 2023
Next filing
Mar 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XNCR Common Stock Options Exercise $718K +65K +22.19% $11.05 358K Dec 29, 2023 Direct F1, F2
transaction XNCR Common Stock Sale -$942K -45K -12.57% $20.93 313K Dec 29, 2023 Direct 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 XNCR Stock Option (Right to Buy) Options Exercise $0 -65K -100% $0.00* 0 Dec 29, 2023 Common Stock 65K $11.05 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Underlying option due to expire in February 2024.
F2 Includes the following shares acquired by the reporting person pursuant to the Issuer's Employee Stock Purchase Plan: 304 shares acquired in June 2023 and 408 shares acquired in December 2023.
F3 Represents the disposition of shares sold to pay option cost and estimated tax liability due upon option exercise.
F4 25% of the shares subject to the option shall vest on the one year anniversary of February 21, 2014 (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.