John R. Desjarlais - 05 Mar 2024 Form 4 Insider Report for Xencor Inc (XNCR)

Signature
/s/ Celia E. Eckert, Attorney-in-Fact
Issuer symbol
XNCR
Transactions as of
05 Mar 2024
Net transactions value
-$155,311
Form type
4
Filing time
07 Mar 2024, 16:05:16 UTC
Previous filing
16 Feb 2024
Next filing
12 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XNCR Common Stock Sale $155,311 -6,629 -3.8% $23.43 166,989 05 Mar 2024 Direct F1
transaction XNCR Common Stock Award $0 +20,724 +12% $0.000000 187,713 05 Mar 2024 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 +124,346 $0.000000 124,346 05 Mar 2024 Common Stock 124,346 $22.85 Direct F3
* 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 18,195 restricted stock units.
F2 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.
F3 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.