|Issuer:||EXELIXIS, INC. (EXEL)|
|Original Submission Date:|
SENNER CHRISTOPHER J.
C/O EXELIXIS, INC.
1851 HARBOR BAY PARKWAY ALAMEDA, CA 94502
|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|
|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)||3.66||2020-09-15||deemed execution date||M||20,000 (d)||2016-07-15||2022-07-14||common stock 20,000||$3.66||130,000||direct|
|f1||includes 54,117 shares of exelixis, inc. common stock that will be issued to the reporting person upon vesting of restricted stock units.|
|f2||the sales reported on this form 4 were effected pursuant to a rule 10b5-1 trading plan adopted by the reporting person on may 29, 2020.|
|f3||represents shares of exelixis, inc. common stock under the exelixis, inc. 401(k) plan, pursuant to a plan statement dated as of september 14, 2020.|
|f4||the option, representing the right to purchase a total of 350,000 shares of exelixis, inc. common stock, became fully exercisable on july 15, 2019.|