Bart Jan Cornelissen - Apr 9, 2024 Form 4 Insider Report for Xencor Inc (XNCR)

Signature
/s/ Celia E. Eckert, Attorney-in-Fact
Stock symbol
XNCR
Transactions as of
Apr 9, 2024
Transactions value $
$0
Form type
4
Date filed
4/11/2024, 04:37 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XNCR Common Stock Award $0 +42.3K $0.00 42.3K Apr 9, 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction XNCR Stock Option (Right to Buy) Award $0 +190K $0.00 190K Apr 9, 2024 Common Stock 190K $21.55 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units that vest as follows: 1/3 of the shares vest on the first, second and third anniversaries of the date of grant.
F2 25% of the shares subject to the option shall vest on the one year anniversary of April 9, 2024 (the "Vesting Commencement Date") and 1/48th of the shares shall vest monthly thereafter, such that the option shall be fully vested on the four year anniversary of the Vesting Commencement Date.