MORRISSEY MICHAEL sold EXEL
January 16, 2025 · Form 4 insider transaction
MORRISSEY MICHAEL sold 120,244 shares of Exelixis, Inc. at $37.27 per share, a transaction worth $4.48M. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 1 day after the transaction.
Direction
Disposed (sell-side)
Shares
120,244
Price
$37.27
Total value
$4.48M
InsiderMORRISSEY MICHAEL
Role—
CompanyExelixis, Inc. (EXEL)
SecurityCommon Stock
Transaction codeF: Shares withheld for taxes
Transaction dateJanuary 16, 2025
Filing dateJanuary 17, 2025
Shares owned after1,089,936
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
Shares withheld by Exelixis, Inc. to satisfy taxes payable in connection with the vesting of PSU awarded on March 4, 2022, for which the Committee certified that Exelixis, Inc. had achieved certain performance criteria on January 16, 2025.; Includes 973,568 shares of Exelixis, Inc. common stock ("Common Stock") that will be issued to the Reporting Person upon vesting of restricted stock units ("RSUs"). Each RSU is the economic equivalent of one share of Common Stock.