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EXELIXIS, INC. Director's Dealing 2017

May 17, 2017

30561_dirs_2017-05-16_c3647670-a731-40a9-8fb3-054756880511.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: 2017-05-15

Reporting Person: Schwab Gisela (Pres Prod Dev & Med Aff & CMO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-05-15 Common Stock M 12501 $5.04 Acquired 183005 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-05-15 Option (right to buy) $5.04 M 12501 Disposed 2018-12-15 Common Stock (12501.0) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 14186 Indirect

Footnotes

F1: The exercise reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 2, 2017.

F2: Includes 20,000 shares of Exelixis, Inc. common stock that will be issued to the Reporting Person upon vesting of restricted stock units.

F3: Represents 14,186 shares of Exelixis, Inc. common stock under the Exelixis, Inc. 401(k) Plan, pursuant to a plan statement dated as of May 15, 2017.

F4: The option, representing the right to purchase a total of 50,000 shares of Exelixis, Inc. common stock, became fully exercisable on December 16, 2012.