| Accession Number: | 0000939767-16-000286 |
| Date: | 2016-12-01 |
| Issuer: | EXELIXIS, INC. (EXEL) |
| Original Submission Date: |
LAMB PETER
C/O EXELIXIS, INC.
210 E. GRAND AVE.
SOUTH SAN FRANCISCO, CA 94080
| Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
|---|---|---|---|---|---|---|---|---|---|
| COMMON STOCK | 2016-12-01 | M | 55,000 | a | $5.50 | 128,600 | direct | ||
| COMMON STOCK | 2016-12-01 | M | 15,000 | a | $4.42 | 143,600 | direct | ||
| COMMON STOCK | 2016-12-01 | S | 70,000 | d | $16.66 | 73,600 | direct | ||
| COMMON STOCK | 2016-12-01 | 0 | $0.00 | 16,024 | indirect | f4 |
| Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| OPTION (RIGHT TO BUY) | 5.5 | 2016-12-01 | deemed execution date | M | 55,000 (d) | 2012-09-28 | 2018-09-27 | common stock 55,000 | $5.50 | 0 | direct | |
| OPTION (RIGHT TO BUY) | 4.42 | 2016-12-01 | deemed execution date | M | 15,000 (d) | 2010-02-26 | 2019-02-25 | common stock 15,000 | $4.42 | 10,000 | direct |
| ID | footnote |
|---|---|
| f1 | includes 16,250 shares of exelixis, inc. common stock that will be issued to the reporting person upon vesting of restricted stock units. |
| f2 | the sale reported on this form 4 was effected pursuant to a rule 10b5-1 trading plan adopted by the reporting rerson on september 27, 2016. |
| f3 | represents the weighted average sales price. the shares were sold in multiple transactions at prices ranging from $16.38 to $16.92. reporting person undertakes to provide exelixis, inc., any security holder of exelixis, inc., 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 ranges set forth in footnote 3 to this form 4. |
| f4 | represents 16,024 shares of exelixis, inc. common stock under the exelixis, inc. 401(k) plan, pursuant to a plan statement dated as of december 1, 2016. |
| f5 | the option, representing the right to purchase a total of 75,000 shares of exelixis, inc. common stock, became fully exercisable on september 28, 2015. |
| f6 | the option, representing the right to purchase a total of 25,000 shares of exelixis, inc. common stock, became fully exercisable on february 26, 2013. |
