MARCHESI VINCENT T 4
4 · EXELIXIS, INC. · Filed May 13, 2020
Insider Transaction Report
Form 4
EXELIXIS, INC.EXEL
MARCHESI VINCENT T
Director
Transactions
- Exercise/Conversion
Common Stock
2020-05-11$4.58/sh+30,000$137,400→ 112,484 total - Sale
Common Stock
2020-05-11$26.30/sh−30,000$789,000→ 82,484 total - Exercise/Conversion
Option (right to buy)
2020-05-11−30,000→ 0 totalExercise: $4.58From: 2013-05-23Exp: 2020-05-22→ Common Stock (30,000 underlying)
Footnotes (3)
- [F1]Includes 10,317 shares of Exelixis, Inc. common stock that will be issued to the Reporting Person upon vesting of restricted stock units.
- [F2]Represents the weighted average sales price. The shares were sold in multiple transactions at prices ranging from $26.00 to $26.70. 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.
- [F3]The option, representing the right to purchase a total of 30,000 shares of Exelixis, Inc. common stock, became fully exercisable on May 23, 2013.