SEC Form 4 · accession 0001209191-15-013790
Xencor Inc · XNCR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John R Desjarlais
Officer — Sr. V.P., Research & CSO
Period of report
Feb 12, 2015
Accepted (ET)
Feb 13, 2015 · 6:05 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001326732
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F1 | $15.69 | Feb 12, 2015 | A | 85,000 | A | — | Feb 11, 2025 | Common Stock | 85,000 | 85,000 | D |
Explanation of responses
- F125% of the shares subject to the option shall vest on the one year anniversary of February 12, 2015 (the "Vesting Commencement Date"), and 1/48th of the shares shall vest monthly thereafter, such that the option shall be fully vested and exercisable on the four year anniversary of the Vesting Commencement Date.