Maria C. Freire - May 11, 2021 Form 4 Insider Report for EXELIXIS, INC. (EXEL)

Role: Director
Signature: /s/ Jennifer Drimmer Rokovich, Attorney in Fact
Stock symbol: EXEL
Transactions as of: May 11, 2021
Transactions value $: -$206,958
Form type: 4
Date filed: 5/17/2021, 08:15 PM
Next filing: May 28, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EXEL	Common Stock	Sale	-$207K	-8.28K	-20.63%	$25.01	31.8K	May 11, 2021	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the weighted average sales price. The shares were sold in multiple transactions at prices ranging from $24.95 to $25.08. 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.
F2	Includes 11,258 shares of Exelixis, Inc. common stock that will be issued to the Reporting Person upon vesting of restricted stock units.

Content

Represents the weighted average sales price. The shares were sold in multiple transactions at prices ranging from $24.95 to $25.08. 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.

Includes 11,258 shares of Exelixis, Inc. common stock that will be issued to the Reporting Person upon vesting of restricted stock units.