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

Role: SR. VICE PRESIDENT & CFO
Signature: /s/ John J. Kuch
Stock symbol: XNCR
Transactions as of: Mar 3, 2022
Transactions value $: -$28,994
Form type: 4
Date filed: 3/7/2022, 04:00 PM
Previous filing: Feb 11, 2022
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	-$29K	-971	-0.94%	$29.86	102K	Mar 3, 2022	Direct	F1
transaction	XNCR	Common Stock	Award	$0	+23.2K	+22.75%	$0.00	125K	Mar 3, 2022	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	+46.4K		$0.00	46.4K	Mar 3, 2022	Common Stock	46.4K	$30.02	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 2,259 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 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.