SEC Form 4 · accession 0001209191-16-138658
Xencor Inc · XNCR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John J Kuch
Officer — Vice President, Finance
Period of report
Aug 24, 2016
Accepted (ET)
Aug 25, 2016 · 4:49 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 24, 2016 | M | 14,350 | $11.05 | A | 92,078 | D | |
| Common StockF1 | Aug 24, 2016 | S | 16,405 | $21.76 | D | 75,673 | D | |
| Common StockF2 | Aug 24, 2016 | S | 8,595 | $22.32 | D | 67,078 | 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)F3 | $11.05 | Aug 24, 2016 | M | 14,350 | D | — | Feb 20, 2024 | Common Stock | 14,350 | 55,650 | D |
Explanation of responses
- F1The weighted average sale price for the transaction reported was $21.76, and the range of prices were between $21.11 and $22.075. Upon request by the SEC staff, the Issuer, or any security holder of the Issuer, full information regarding the number of shares sold at each separate price will be provided.
- F2The weighted average sale price for the transaction reported was $22.32, and the range of prices were between $22.25 and $22.35. Upon request by the SEC staff, the Issuer, or any security holder of the Issuer, full information regarding the number of shares purchased or sold at each separate price will be provided.
- F325% of the shares subject to the option shall vest on the one year anniversary of February 21, 2014 (the "Vesting Commencement Date"), and 1/48th of the shares shall vest monthly thereafter, such that the option shall be fully vested on the four year anniversary of the Vesting Commencement Date.