EXELIXIS, INC. — Director's Dealing 2018

Sep 13, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EXELIXIS, INC. (EXEL)
CIK: 0000939767
Period of Report: 2018-09-10

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

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-09-10	Option (right to buy)	$18.8	A	308365	Acquired	2025-09-09	Common Stock (308365.0)	Direct

Footnotes

F1: Option granted pursuant to the Exelixis, Inc. 2017 Equity Incentive Plan. Option granted will vest as to 1/4th of the original number of shares subject to the option on the one-year anniversary of the Transaction Date, and thereafter as to 1/48th of the original number of shares subject to the option on each monthly anniversary of the Transaction Date. However, the option will not be exercisable until the closing market price of Exelixis, Inc. common stock is equal to or greater than 125% of the exercise price of the option over a period of at least 30 consecutive calendar days.