Form Type: 4

SEC EDGAR Link
Accession Number:0000939767-20-000130
Date:2020-09-16
Issuer: EXELIXIS, INC. (EXEL)
Original Submission Date:

Reporting Person:

HESSEKIEL JEFFREY
C/O EXELIXIS, INC.
1851 HARBOR BAY PARKWAY ALAMEDA, CA 94502

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2020-09-16 M 20,000 a $7.27 363,026 direct
COMMON STOCK 2020-09-16 S 20,000 d $26.11 343,026 direct
COMMON STOCK 0 $0.00 999 indirect
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
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 ExercisableExpiration 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) 7.27 2020-09-16 deemed execution date M 20,000 (d) 2015-02-10 2021-02-09 common stock 20,000 $7.27 110,000 direct
Footnotes
IDfootnote
f1 includes 39,058 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 the weighted average sales price. the shares were sold in multiple transactions at prices ranging from $26.00 to $26.42. 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 shares of exelixis, inc. common stock under the exelixis, inc. 401(k) plan, pursuant to a plan statement dated as of september 15, 2020.
f5 the option, representing the right to purchase a total of 230,000 shares of exelixis, inc. common stock, became fully exercisable on february 10, 2018.

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