John R. Desjarlais - Mar 3, 2022 Form 4 Insider Report for Xencor Inc (XNCR)

Signature
/s/ Celia E. Eckert, Attorney-in-Fact
Stock symbol
XNCR
Transactions as of
Mar 3, 2022
Transactions value $
-$37,032
Form type
4
Date filed
3/7/2022, 04:00 PM
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 -$37K -1.24K -1.21% $29.86 101K Mar 3, 2022 Direct F1, F2
transaction XNCR Common Stock Award $0 +35.8K +35.48% $0.00 137K Mar 3, 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 +71.7K $0.00 71.7K Mar 3, 2022 Common Stock 71.7K $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.