EXELIXIS, INC. — Director's Dealing 2010

Aug 17, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EXELIXIS INC (EXEL)
CIK: 0000939767
Period of Report: 2010-08-13

Reporting Person: MORRISSEY MICHAEL (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-08-13	Common Stock	P	2919	$2.92	Acquired	45419	Indirect
2010-08-13	Common Stock	P	2700	$2.93	Acquired	48119	Indirect
2010-08-13	Common Stock	P	10300	$2.94	Acquired	58419	Indirect
2010-08-13	Common Stock	P	8154	$2.95	Acquired	66573	Indirect
2010-08-13	Common Stock	P	3400	$2.96	Acquired	69973	Indirect
2010-08-13	Common Stock	P	2100	$2.97	Acquired	72073	Indirect
2010-08-13	Common Stock	P	427	$2.98	Acquired	72500	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5900.8372	Indirect

Footnotes

F1: Includes 42,500 shares previously reported as directly beneficially owned, which are held by Michael M. Morrissey and Meghan D. Morrissey, Trustees of the Morrissey Family Living Trust, dated July 21, 1994, as amended.

F2: Shares held by Michael M. Morrissey and Meghan D. Morrissey, Trustees of the Morrissey Family Living Trust, dated July 21, 1994, as amended.

F3: Represents 5900.8372 shares of Exelixis, Inc. common stock under the Exelixis, Inc. 401(k) Plan, pursuant to a plan statement dated as of August 13, 2010.