John R. Desjarlais - 03 Mar 2022 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: 03 Mar 2022
Net transactions value: -$37,032
Form type: 4
Filing time: 07 Mar 2022, 16:00:32 UTC
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	$37,032	-1,240	-1.2%	$29.86	100,969	03 Mar 2022	Direct	F1, F2
transaction	XNCR	Common Stock	Award	$0	+35,828	+35%	$0.000000	136,797	03 Mar 2022	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	+71,656		$0.000000	71,656	03 Mar 2022	Common Stock	71,656	$30.02	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 3,028 restricted stock units.
F2	The weighted average sale price for the transaction reported was $29.8647, and the range of prices were between $29.86 and $29.88. 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	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 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.