John R. Desjarlais - 13 Feb 2024 Form 4 Insider Report for Xencor Inc (XNCR)

Role
SR. VICE PRESIDENT & CSO
Signature
/s/ Celia E. Eckert, Attorney-in-Fact
Issuer symbol
XNCR
Transactions as of
13 Feb 2024
Net transactions value
-$296,713
Form type
4
Filing time
14 Feb 2024, 14:23:30 UTC
Previous filing
13 Mar 2023
Next filing
16 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XNCR Common Stock Options Exercise $752,030 +68,057 +46% $11.05 215,783 13 Feb 2024 Direct F1, F2
transaction XNCR Common Stock Sale $1,048,743 -54,108 -25% $19.38 161,675 13 Feb 2024 Direct F1, 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 -68,057 -85% $0.000000 11,943 13 Feb 2024 Common Stock 68,057 $11.05 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction is pursuant to a 10b5-1 plan.
F2 Underlying option due to expire in February 2024.
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.