EXELIXIS, INC. — Director's Dealing 2015

Dec 11, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: WILLSEY LANCE (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-12-10	Common Stock	P	50000	$4.991	Acquired	444975	Direct
2015-12-11	Common Stock	P	50000	$4.78	Acquired	494975	Direct

Footnotes

F1: Represents weighted average purchase price. The shares were purchased in multiple transactions at prices ranging from $4.96 to $5.02.

F2: 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 1 to this Form 4.

F3: Includes 12,255 shares of common stock issuable pursuant to previously reported restricted stock units that have not vested.