SEC Form 4 · accession 0001209191-17-029369
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
May 1, 2017
Accepted (ET)
May 2, 2017 · 6:27 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 | May 1, 2017 | M | 9,818 | $0.59 | A | 9,818 | D | |
| Common StockF1 | May 1, 2017 | S | 9,818 | $26.01 | D | 0 | D | |
| Common Stock | May 2, 2017 | M | 750 | $0.59 | A | 750 | D | |
| Common Stock | May 2, 2017 | S | 750 | $26.068 | D | 0 | 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 | May 1, 2017 | M | 9,818 | D | — | Jan 17, 2020 | Common Stock | 9,818 | 130,628 | D |
| Stock Option (right to buy)F2 | $0.59 | May 2, 2017 | M | 750 | D | — | Jan 17, 2020 | Common Stock | 750 | 129,878 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.00 to $26.0217, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
- 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.