Alan M. Garber - 21 Mar 2024 Form 4 Insider Report for EXELIXIS, INC. (EXEL)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
25 Mar 2024, 19:31:20 UTC
Prior SEC filing
02 Jun 2023
Next SEC filing
03 May 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Nina Ayer, Attorney in Fact

Key filing fact

Alan M. Garber filed Form 4 for EXELIXIS, INC. (EXEL) on 25 Mar 2024.

Key facts

  • This page summarizes Alan M. Garber's Form 4 filing for EXELIXIS, INC. (EXEL).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 25 Mar 2024, 19:31.

Change

  • Previous filing in this sequence was filed on 02 Jun 2023.
  • Current net transaction value: -$1,393.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

EXEL transaction

Common Stock

Options Exercise

Transaction value
$459,719
Shares
+23,491
Change %
+75%
Price
$19.57
Shares after
54,908
Date
21 Mar 2024
Ownership
Direct
EXEL transaction

Common Stock

Sale

Transaction value
$461,112
Shares
-19,205
Change %
-35%
Price
$24.01
Shares after
35,703
Date
21 Mar 2024
Ownership
Direct
Footnotes
F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

EXEL transaction Derivative

Option (right to buy)

Options Exercise

Transaction value
$0
Shares
-23,491
Change %
-100%
Price
$0.000000*
Shares after
0
Date
21 Mar 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
23,491
Exercise price
$19.57
Footnotes
F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 3 footnotes

Footnote F1

The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 8, 2023.

Footnote F2

Represents the weighted average sales price. The shares were sold in multiple transactions at prices ranging from $24.00 to $24.01. Reporting Person undertakes to provide Exelixis, Inc., any security holder of Exelixis, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote 2 to this Form 4.

Footnote F3

The option, representing the right to purchase a total of 23,491 shares of Exelixis, Inc. common stock became fully exercisable on May 25, 2017.

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