SEC Form 4 · accession 0001209191-16-135724
Xencor Inc · XNCR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul A Foster
Officer — Chief Medical Officer
Period of report
Aug 3, 2016
Accepted (ET)
Aug 5, 2016 · 5:01 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 | Aug 3, 2016 | M | 5,000 | $4.25 | A | 7,419 | D | |
| Common Stock | Aug 3, 2016 | S | 5,000 | $20.01 | D | 2,419 | 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 | $4.25 | Aug 3, 2016 | M | 5,000 | D | — | Sep 3, 2023 | Common Stock | 5,000 | 14,778 | D |
Explanation of responses
- F1Reported transaction occurred pursuant to a Rule 10b5-1 Plan adopted November 23, 2015.
- F225% of the shares subject to the option shall vest on the one year anniversary of September 4, 2013 (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.