John R. Desjarlais - 14 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: 14 Feb 2024
Net transactions value: +$131,970
Form type: 4
Filing time: 16 Feb 2024, 16:06:03 UTC
Previous filing: 14 Feb 2024
Next filing: 07 Mar 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	$131,970	+11,943	+7.4%	$11.05	173,618	14 Feb 2024	Direct	F1, 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 Option (Right to Buy)	Options Exercise	$0	-11,943	-100%	$0.000000^*	0	14 Feb 2024	Common Stock	11,943	$11.05	Direct	F1, F3

* 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	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.