Oliver Bob 4
4 · EXELIXIS, INC. · Filed Jun 2, 2023
Insider Transaction Report
Form 4
EXELIXIS, INC.EXEL
Oliver Bob
Director
Transactions
- Award
Option (right to buy)
2023-05-31+36,353→ 36,353 totalExercise: $19.28From: 2023-05-31Exp: 2030-05-30→ Common Stock (36,353 underlying) - Award
Common Stock
2023-05-31+18,176→ 18,176 total
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 1/4th of the original number of shares subject to the restricted stock unit award on each of the first four anniversaries of the Transaction Date, subject to the Reporting Person's continuous service through such dates.
- [F3]Includes 18,176 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 1/4th of the original number of shares subject to the option on the one-year anniversary of the Transaction Date, and thereafter as to 1/48th of the original number of shares subject to the option on each monthly anniversary of the Transaction Date, subject to the Reporting Person's continuous service through such dates.