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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
939767	Exelixis Inc	EXEL	Services-Commercial Physical & Biological Research (8731)	043257395

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1317711	M Lupe Rivera	C/O Exelixis, Inc. 170 Harbor Way, Po Box 511 South San Francisco CA 94083-0511	Evp, Operations	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2010-12-14	6,250	$5.63	6,250	No	4	M	Direct
Common Stock	Disposition	2010-12-14	6,250	$7.00	0	No	4	S	Direct
Common Stock	Acquisiton	2010-12-14	3,000	$5.63	3,000	No	4	M	Direct
Common Stock	Disposition	2010-12-14	3,000	$7.00	0	No	4	S	Direct
Common Stock	Acquisiton	2010-12-14	4,000	$5.63	4,000	No	4	M	Direct
Common Stock	Disposition	2010-12-14	4,000	$7.00	0	No	4	S	Direct
Common Stock	Acquisiton	2010-12-14	11,750	$5.63	11,750	No	4	M	Direct
Common Stock	Disposition	2010-12-14	11,750	$7.00	0	No	4	S	Direct
Common Stock	Acquisiton	2010-12-15	4,250	$5.63	4,250	No	4	M	Direct
Common Stock	Disposition	2010-12-15	4,250	$7.50	0	No	4	S	Direct
Common Stock	Acquisiton	2010-12-15	20,750	$5.63	20,750	No	4	M	Direct
Common Stock	Disposition	2010-12-15	20,750	$7.50	0	No	4	S	Direct
Common Stock	Acquisiton	2010-12-15	25,000	$5.63	25,000	No	4	M	Direct
Common Stock	Disposition	2010-12-15	25,000	$8.00	0	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Option (right to buy)	Disposition	2010-12-14	6,250	$0.00	6,250	$5.63
Common Stock	Option (right to buy)	Disposition	2010-12-14	3,000	$0.00	3,000	$5.63
Common Stock	Option (right to buy)	Disposition	2010-12-14	4,000	$0.00	4,000	$5.63
Common Stock	Option (right to buy)	Disposition	2010-12-14	11,750	$0.00	11,750	$5.63
Common Stock	Option (right to buy)	Disposition	2010-12-15	4,250	$0.00	4,250	$5.63
Common Stock	Option (right to buy)	Disposition	2010-12-15	20,750	$0.00	20,750	$5.63
Common Stock	Option (right to buy)	Disposition	2010-12-15	25,000	$0.00	25,000	$5.63

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2010-08-05	2015-10-17	No	4	M	Direct
0	2010-08-05	2015-10-17	No	4	M	Direct
0	2010-08-05	2015-10-17	No	4	M	Direct
4,250	2010-08-05	2015-10-17	No	4	M	Direct
0	2010-08-05	2015-10-17	No	4	M	Direct
84,250	2010-08-05	2015-10-17	No	4	M	Direct
59,250	2010-08-05	2015-10-17	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	2,963	Indirect	By 401(k) Plan

Footnotes

The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 11, 2009, as amended.
Represents 2963.201 shares of Exelixis, Inc. common stock under the Exelixis, Inc. 401(k) Plan, pursuant to a plan statement dated as of December 15, 2010.
The option, representing the right to purchase a total of 16,000 shares, became exercisable as to one hundred percent (100%) of the shares subject to the option on August 5, 2010.
The option, representing the right to purchase a total of 105,000 shares, became exercisable as to one hundred percent (100%) of the shares subject to the option on August 5, 2010.