EXELIXIS, INC. — Director's Dealing 2020

May 9, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EXELIXIS, INC. (EXEL)
CIK: 0000939767
Period of Report: 2020-05-07

Reporting Person: FELDBAUM CARL B (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-05-07	Common Stock	M	11546	$5.82	Acquired	20067	Direct
2020-05-07	Common Stock	M	20000	$3.38	Acquired	40067	Direct
2020-05-07	Common Stock	S	31546	$25.02	Disposed	8521	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-05-07	Option (right to buy)	$5.82	M	11546	Disposed	2020-12-05	Common Stock (11546.0)	Direct
2020-05-07	Option (right to buy)	$3.38	M	20000	Disposed	2021-05-28	Common Stock (20000.0)	Direct

Footnotes

F1: The option, representing the right to purchase a total of 43,546 shares of Exelixis, Inc. common stock, became fully exercisable on December 6, 2013.

F2: The option, representing the right to purchase a total of 40,000 shares of Exelixis, Inc. common stock, became fully exercisable on May 29, 2014.