SEC Form 4 · accession 0001209191-18-032123
Xencor Inc · XNCR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John J Kuch
Officer — Sr. Vice President & CFO
Period of report
May 15, 2018
Accepted (ET)
May 21, 2018 · 7:11 pm EDT
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 | $33.11 | May 15, 2018 | A | 10,000 | A | — | May 14, 2028 | Common Stock | 10,000 | 10,000 | D |
Explanation of responses
- F125% of the shares subject to the option shall vest on the one year anniversary of May 15, 2018 (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.