Bassil I. Dahiyat - 03 Mar 2022 Form 4 Insider Report for Xencor Inc (XNCR)

Role: PRESIDENT & CEO, Director
Signature: /s/ Celia E. Eckert, Attorney-in-Fact
Issuer symbol: XNCR
Transactions as of: 03 Mar 2022
Net transactions value: -$87,581
Form type: 4
Filing time: 07 Mar 2022, 16:00:22 UTC
Previous filing: 02 Jul 2021
Next filing: 10 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	XNCR	Common Stock	Sale	$87,581	-2,929	-1.8%	$29.90	160,548	03 Mar 2022	Direct	F1, F2, F3
transaction	XNCR	Common Stock	Award	$0	+49,761	+31%	$0.000000	210,309	03 Mar 2022	Direct	F4

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	+298,567		$0.000000	298,567	03 Mar 2022	Common Stock	298,567	$30.02	Direct	F5

* 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 7,868 restricted stock units.
F2	The weighted average sale price for the transaction reported was $29.9013, and the range of prices were between $29.86 and $29.93. Upon request by the SEC staff, the Issuer, or any security holder of the Issuer, full information regarding the number of shares sold at each separate price will be provided.
F3	Includes the following shares acquired by the reporting person pursuant to the Issuer's Employee Stock Purchase Plan: 196 shares acquired in June 2021 and 218 shares acquired in December 2021.
F4	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.
F5	25% of the shares subject to the option shall vest on the one year anniversary of March 3, 2022 (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.