Bassil I. Dahiyat - Mar 3, 2022 Form 4 Insider Report for Xencor Inc (XNCR)

Role
PRESIDENT & CEO, Director
Signature
/s/ Celia E. Eckert, Attorney-in-Fact
Stock symbol
XNCR
Transactions as of
Mar 3, 2022
Transactions value $
-$87,581
Form type
4
Date filed
3/7/2022, 04:00 PM
Previous filing
Jul 2, 2021
Next filing
Mar 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XNCR Common Stock Sale -$87.6K -2.93K -1.79% $29.90 161K Mar 3, 2022 Direct F1, F2, F3
transaction XNCR Common Stock Award $0 +49.8K +30.99% $0.00 210K Mar 3, 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 +299K $0.00 299K Mar 3, 2022 Common Stock 299K $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.