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EXELIXIS, INC. Director's Dealing 2015

Oct 14, 2015

30561_dirs_2015-10-14_5c7d6805-f0f0-466b-9258-890498973f32.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EXELIXIS, INC. (EXEL)
CIK: 0000939767
Period of Report: 2015-10-12

Reporting Person: Lamb Peter (EVP, Discovery Research & CSO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2015-10-12 Common Stock M 525 $5.63 Acquired 36998 Direct
2015-10-12 Common Stock M 1400 $5.63 Acquired 38398 Direct
2015-10-12 Common Stock M 2500 $5.63 Acquired 40898 Direct
2015-10-12 Common Stock M 8000 $5.63 Acquired 48898 Direct
2015-10-12 Common Stock M 20000 $5.63 Acquired 68898 Direct
2015-10-12 Common Stock M 28000 $5.63 Acquired 96898 Direct
2015-10-12 Common Stock M 84000 $5.63 Acquired 180898 Direct
2015-10-12 Common Stock M 19333 $5.63 Acquired 200231 Direct
2015-10-12 Common Stock M 39999 $5.63 Acquired 240230 Direct
2015-10-12 Common Stock M 39583 $5.63 Acquired 279813 Direct
2015-10-12 Common Stock M 56936 $5.63 Acquired 336749 Direct
2015-10-12 Common Stock S 300276 $5.839 Disposed 36473 Direct
2015-10-13 Common Stock M 600 $5.63 Acquired 37073 Direct
2015-10-13 Common Stock S 600 $5.80 Disposed 36473 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2015-10-12 Option (right to buy) $5.63 M 525 Disposed 2015-10-17 Common Stock (525.0) Direct
2015-10-12 Option (right to buy) $5.63 M 1400 Disposed 2015-10-17 Common Stock (1400.0) Direct
2015-10-12 Option (right to buy) $5.63 M 2500 Disposed 2015-10-17 Common Stock (2500.0) Direct
2015-10-12 Option (right to buy) $5.63 M 8000 Disposed 2015-10-17 Common Stock (8000.0) Direct
2015-10-12 Option (right to buy) $5.63 M 20000 Disposed 2015-10-17 Common Stock (20000.0) Direct
2015-10-12 Option (right to buy) $5.63 M 28000 Disposed 2015-10-17 Common Stock (28000.0) Direct
2015-10-12 Option (right to buy) $5.63 M 84000 Disposed 2015-10-17 Common Stock (84000.0) Direct
2015-10-12 Option (right to buy) $5.63 M 19333 Disposed 2015-10-17 Common Stock (19333.0) Direct
2015-10-12 Option (right to buy) $5.63 M 39999 Disposed 2015-10-17 Common Stock (39999.0) Direct
2015-10-12 Option (right to buy) $5.63 M 39583 Disposed 2015-10-17 Common Stock (39583.0) Direct
2015-10-12 Option (right to buy) $5.63 M 56936 Disposed 2015-10-17 Common Stock (56936.0) Direct
2015-10-13 Option (right to buy) $5.63 M 600 Disposed 2015-10-17 Common Stock (600.0) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 14478 Indirect

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.80 to $6.00, inclusive. The reporting person undertakes to provide to 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 range set forth above.

F2: Represents 14,478 shares of Exelixis, Inc. common stock under the Exelixis, Inc. 401(k) Plan, pursuant to a plan statement dated as of October 13, 2015.

F3: Option granted pursuant to Issuer's 2000 Equity Incentive Plan. One hundred percent (100%) of the shares vest one year from date of grant.

F4: Option granted pursuant to Issuer's 2000 Equity Incentive Plan. Thirty-three percent (33%) of the shares vest one year from date of grant, and the remaining shares vest in 24 equal monthly installments thereafter.