MARCHESI VINCENT T 4
4 · EXELIXIS, INC. · Filed May 24, 2019
Insider Transaction Report
Form 4
EXELIXIS, INC.EXEL
MARCHESI VINCENT T
Director
Transactions
- Award
Common Stock
2019-05-23+10,317→ 144,167 total - Award
Option (right to buy)
2019-05-23+20,634→ 20,634 totalExercise: $19.77From: 2019-05-23Exp: 2026-05-22→ Common Stock (20,634 underlying)
Footnotes (4)
- [F1]Represents shares of Exelixis, Inc. common stock that will be issued to the Reporting Person upon vesting of restricted stock units. Each restricted stock unit is the economic equivalent of one share of Exelixis, Inc. common stock.
- [F2]The restricted stock units were granted to the Reporting Person on the Transaction Date pursuant to the Exelixis, Inc. 2017 Equity Incentive Plan. The restricted stock units will vest as to 100% of the shares subject to the restricted stock unit award on May 23, 2020, subject to the Reporting Person's continuous service through that date.
- [F3]Includes 10,317 shares of Exelixis, Inc. common stock that will be issued to the Reporting Person upon vesting of restricted stock units.
- [F4]Option granted pursuant to the Exelixis, Inc. 2017 Equity Incentive Plan. The option is exercisable immediately, subject to repurchase provisions, and will vest as to 100% of the shares subject to the option on the first anniversary of the date of grant, subject to the Reporting Person's continuous service through such date.