SEC Form 4 · accession 0001209191-16-132516
Xencor Inc · XNCR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Edgardo Baracchini Jr.
Officer — Chief Business Officer
Period of report
Jul 11, 2016
Accepted (ET)
Jul 13, 2016 · 2:07 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001326732
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jul 11, 2016 | M | 1,250 | $0.59 | A | 5,778 | D | |
| Common Stock | Jul 11, 2016 | S | 1,250 | $18.13 | D | 4,528 | D |
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)F2 | $0.59 | Jul 11, 2016 | M | 1,250 | D | — | Jan 17, 2020 | Common Stock | 1,250 | 165,671 | D |
Explanation of responses
- F1Reported transaction occured pursuant to a Rule 10b5-1 Plan adopted March 13, 2015.
- F225% of the shares subject to the option vested on the one year anniversary of January 12, 2010 (the "Vesting Commencement Date"), and 1/48th of the shares vest monthly thereafter, such that the option shall be fully vested and exercisable on the four year anniversary of the Vesting Commencement Date.