EXELIXIS, INC. — Director's Dealing 2019

Feb 23, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EXELIXIS, INC. (EXEL)
CIK: 0000939767
Period of Report: 2019-02-22

Reporting Person: MARCHESI VINCENT T (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-02-22	Common Stock	M	11250	$4.16	Acquired	145100	Direct
2019-02-22	Common Stock	M	15000	$5.92	Acquired	160100	Direct
2019-02-22	Common Stock	M	15000	$4.57	Acquired	175100	Direct
2019-02-22	Common Stock	S	41250	$21.50	Disposed	133850	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-02-22	Option (right to buy)	$4.16	M	11250	Disposed	2019-05-13	Common Stock (11250.0)	Direct
2019-02-22	Option (right to buy)	$5.92	M	15000	Disposed	2020-05-18	Common Stock (15000.0)	Direct
2019-02-22	Option (right to buy)	$4.57	M	15000	Disposed	2019-05-23	Common Stock (15000.0)	Direct

Footnotes

F1: Includes 7,937 shares of Exelixis, Inc. common stock that will be issued to the Reporting Person upon vesting of restricted stock units.

F2: The option, representing the right to purchase a total of 11,250 shares of Exelixis, Inc. common stock, became fully exercisable on May 14, 2009.

F3: The option, representing the right to purchase a total of 15,000 shares of Exelixis, Inc. common stock, became fully exercisable on May 19, 2010.

F4: The option, representing the right to purchase a total of 15,000 shares of Exelixis, Inc. common stock, became fully exercisable on May 24, 2012.