Garber Alan M 4
4 · EXELIXIS, INC. · Filed Feb 23, 2023
Insider Transaction Report
Form 4
EXELIXIS, INC.EXEL
Garber Alan M
Director
Transactions
- Exercise/Conversion
Common Stock
2023-02-21$6.30/sh+40,000$252,000→ 71,417 total - Exercise/Conversion
Option (right to buy)
2023-02-21−40,000→ 0 totalExercise: $6.30From: 2016-05-26Exp: 2023-05-25→ Common Stock (40,000 underlying) - Sale
Common Stock
2023-02-21$17.49/sh−40,000$699,600→ 31,417 total
Footnotes (3)
- [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 2, 2022.
- [F2]Represents the weighted average sales price. The shares were sold in multiple transactions at prices ranging from $17.39 to $17.55. 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 40,000 shares of Exelixis, Inc. common stock, became fully exercisable on May 26, 2016.