Christopher J. Senner - 15 May 2025 Form 4 Insider Report for EXELIXIS, INC. (EXEL)

Reporting relationship: EVP and CFO
Issuer ticker: EXEL
Reported as of: 15 May 2025
Net transaction value: -$4,569,492
SEC form: 4
Accepted by SEC: 16 May 2025, 20:58:03 UTC
Prior SEC filing: 31 Mar 2025
Next SEC filing: 06 Jun 2025
Source filing: View source filing
Reporting owner signature: /s/ Nina Ayer, Attorney in Fact

Key filing fact

Christopher J. Senner filed Form 4 for EXELIXIS, INC. (EXEL) on 16 May 2025.

Key facts

This page summarizes Christopher J. Senner's Form 4 filing for EXELIXIS, INC. (EXEL).
4 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 16 May 2025, 20:58.

Change

Previous filing in this sequence was filed on 31 Mar 2025.
Current net transaction value: -$4,569,492.

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

Reporting Owners (1)

CIK 0001648367 Primary reporting owner

Senner Christopher J.

Relationship: EVP and CFO
Address: C/O EXELIXIS, INC., 1851 HARBOR BAY PARKWAY, ALAMEDA
Signature: /s/ Nina Ayer, Attorney in Fact
Signature date: 16 May 2025

Reported non-derivative transactions

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

EXEL transaction

Common Stock

Tax liability

Transaction value: $1,849,492
Shares: -41,422
Change %: -4.1%
Price: $44.65
Shares after: 967,842
Date: 15 May 2025
Ownership: Direct
Footnotes: F1, F2

EXEL transaction

Common Stock

Options Exercise

Transaction value: $1,880,000
Shares: +100,000
Change %: +10%
Price: $18.80
Shares after: 1,067,842
Date: 16 May 2025
Ownership: Direct
Footnotes: F2

EXEL transaction

Common Stock

Sale

Transaction value: $4,600,000
Shares: -100,000
Change %: -9.4%
Price: $46.00
Shares after: 967,842
Date: 16 May 2025
Ownership: Direct
Footnotes: F2

EXEL holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 2,723
Date: 15 May 2025
Ownership: By 401(k)
Footnotes: F3

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: -100,000
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 16 May 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 100,000
Exercise price: $18.80
Footnotes: F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Shares withheld by Exelixis, Inc. to satisfy taxes payable in connection with the vesting of restricted stock units ("RSUs") awarded on March 4, 2021, March 4, 2022, April 3, 2023, and February 23, 2024.

Footnote F2

Includes 419,440 shares of Exelixis, Inc. common stock ("Common Stock") that will be issued to the Reporting Person upon vesting of RSUs and performance-based restricted stock units ("PSUs"). Each RSU is the economic equivalent of one share of Common Stock and each PSU represents a contingent right to receive one share of Common Stock.

Footnote F3

Represents shares of Common Stock under the Exelixis, Inc. 401(k) Plan, pursuant to a plan statement dated as of May 14, 2025.

Footnote F4

The option, representing the right to purchase a total of 100,000 shares of Common Stock, became fully exercisable on September 10, 2022.