Celia Eckert - Mar 3, 2022 Form 4 Insider Report for Xencor Inc (XNCR)

Signature
/s/ Celia E. Eckert
Stock symbol
XNCR
Transactions as of
Mar 3, 2022
Transactions value $
-$13,487
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 -$13.5K -451 -4.37% $29.91 9.86K Mar 3, 2022 Direct F1, F2
transaction XNCR Common Stock Award $0 +19.9K +201.85% $0.00 29.8K 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 +39.8K $0.00 39.8K Mar 3, 2022 Common Stock 39.8K $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 1,049 restricted stock units.
F2 Includes the following shares acquired by the reporting person pursuant to the Issuer's Employee Stock Purchase Plan: 377 shares acquired in June 2021 and 418 shares acquired in December 2021.
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.