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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
1387306	Peter Lamb	C/O Exelixis, Inc. 210 E. Grand Ave. South San Francisco CA 94080	Evp, Scientific Strategy & Cso	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	2017-03-01	20,000	$7.18	93,600	No	4	M	Direct
Common Stock	Acquisiton	2017-03-01	25,000	$7.51	118,600	No	4	M	Direct
Common Stock	Disposition	2017-03-01	45,000	$22.19	73,600	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	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	2017-03-01	20,000	$0.00	20,000	$7.18
Common Stock	Option (right to buy)	Disposition	2017-03-01	25,000	$0.00	25,000	$7.51

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2010-12-09	2019-12-08	No	4	M	Direct
0	2010-12-15	2019-12-14	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	16,128	Indirect	By 401(k)

Footnotes

Includes 16,250 shares of Exelixis, Inc. common stock that will be issued to the Reporting Person upon vesting of restricted stock units.
The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 27, 2016.
Represents the weighted average sales price. The shares were sold in multiple transactions at prices ranging from $21.76 to $22.59. 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 3 to this Form 4.
Represents 16,128 shares of Exelixis, Inc. common stock under the Exelixis, Inc. 401(k) Plan, pursuant to a plan statement dated as of March 1, 2017.
The option, representing the right to purchase a total of 75,000 shares of Exelixis, Inc. common stock, became fully exercisable on December 9, 2013.
The option, representing the right to purchase a total of 25,000 shares of Exelixis, Inc. common stock, became fully exercisable on December 15, 2013.