SEC Form 4 · accession 0000939767-18-000197
EXELIXIS, INC. · EXEL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Morrissey
Officer — President and CEO · Director
Period of report
Sep 10, 2018
Accepted (ET)
Sep 12, 2018 · 8:03 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000939767
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option (right to buy)F1 | $18.80 | Sep 10, 2018 | A | 308,365 | A | Sep 10, 2019 | Sep 9, 2025 | Common Stock | 308,365 | 308,365 | D |
Explanation of responses
- F1Option granted pursuant to the Exelixis, Inc. 2017 Equity Incentive Plan. Option granted will vest as to 1/4th of the original number of shares subject to the option on the one-year anniversary of the Transaction Date, and thereafter as to 1/48th of the original number of shares subject to the option on each monthly anniversary of the Transaction Date. However, the option will not be exercisable until the closing market price of Exelixis, Inc. common stock is equal to or greater than 125% of the exercise price of the option over a period of at least 30 consecutive calendar days.