Bassil I. Dahiyat - Mar 5, 2024 Form 4 Insider Report for Xencor Inc (XNCR)

Signature
/s/ Celia E. Eckert, Attorney-in-Fact
Stock symbol
XNCR
Transactions as of
Mar 5, 2024
Transactions value $
-$293,519
Form type
4
Date filed
3/7/2024, 04:01 PM
Previous filing
Dec 29, 2023
Next filing
Mar 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XNCR Common Stock Sale -$294K -12.5K -4.01% $23.43 300K Mar 5, 2024 Direct F1, F2
transaction XNCR Common Stock Award $0 +54.5K +18.17% $0.00 355K Mar 5, 2024 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 Options Award $0 +327K $0.00 327K Mar 5, 2024 Common Stock 327K $22.85 Direct F4
* 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 34,094 restricted stock units.
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 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.
F4 25% of the shares subject to the option shall vest on the one year anniversary of March 5, 2024 (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.