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SCHEDULE Filed 2025-03-05 Event 2025-03-05 SEC 0000908834-25-000094 →

Farallon Capital Partners, L.P. EXELIXIS, INC. EXEL

Stake: 8.40% Shares: 23,439,500 CUSIP: 30161Q104 Class: Common Stock, par value $0.001 per share (the "Shares")

Item 4 — Purpose of Transaction

This Amendment hereby amends and restates Item 4 in its entirety, to read as follows: "The disclosure set forth in Items 5 and 6 below is hereby incorporated by reference in this Item 4. The Reporting Persons hold the Shares for investment. Although no Reporting Person has any specific plan or proposal to acquire, transfer or dispose of Shares or other securities of the Company, consistent with its investment purpose, each Reporting Person at any time and from time to time may acquire additional Shares or other securities of the Company or transfer or dispose of any or all of its Shares or other securities of the Company, depending in any case upon an ongoing evaluation of the Reporting Persons' investment in the Shares and/or such other securities, prevailing market conditions, general economic and industry conditions, other investment opportunities available to the Reporting Persons, the liquidity requirements of the Reporting Persons and/or other investment considerations. None of the Reporting Persons has made a determination regarding a maximum or minimum number of Shares or other securities of the Company which it may hold at any point in time. Consistent with their investment intent, certain Reporting Persons or their representatives may engage in communications regarding the Company with other persons, including, without limitation, one or more shareholders of the Company, one or more officers of the Company and/or one or more members of the board of directors of the Company. Such communications may relate, without limitation, to the Company's financial position, strategy, operations, capital structure, capital allocation practices, and/or any current or future initiatives that may be proposed or adopted by the Company's management or board of directors. During the course of such communications, the Reporting Persons or such representatives may advocate or oppose one or more courses of action. Except to the extent the foregoing may be deemed a plan or proposal, none of the Reporting Persons has any plans or proposals which relate to, or could result in, any of the matters referred to in subparagraphs (a) - (j) of Item 4 of Schedule 13D. The Reporting Persons may, at any time and from time to time, (i) review or reconsider their position and/or change their purpose and/or formulate plans or proposals with respect thereto. and (ii) consider or propose one or more of the actions described in subparagraphs (a) - (j) of Item 4 of Schedule 13D."

Cross-References

Insider Activity (last 365d)
0 transactions
0 buys · 0 sales · 0 awards/exercises
Issuer Cluster
5 13D/G filings on this issuer
4 other filings besides this one
Filer Track Record
5 filings by this filer
4 other filings in the data moat
Short Interest · settle 2026-03-31
DTC 11.00
27,263,165 shares short · +3.5% vs prior

Institutional Consensus · 2025-12-31

Held by elite portfolio managers
1 holder · $37.52M
Point72 Asset Mgmt

Post-Filing Returns · since 2025-03-05 on EXEL

+1 day
-1.1%
+5 days
+1.3%
+30 days
-10.6%
+60 days
+3.1%
+90 days
+10.4%
+180 days
-3.8%

Anchor price 38.65 on closest trading day on/after 2025-03-05. Source: Yahoo Finance daily adj_close (split + dividend adjusted).

Other 13D/G Filings on EXELIXIS, INC.

FiledFormFilerStakeShares
2026-01-05 SCHEDULE Farallon Capital Partners, L.P. 5.90% 15,709,500 view →
2025-05-20 SCHEDULE Farallon Capital Partners, L.P. 6.80% 18,635,500 view →
2023-06-02 SC Caligan Partners LP view →
2018-01-04 SC Meditor Group Ltd view →

Other Filings by Farallon Capital Partners, L.P.

FiledFormIssuerStakeShares
2026-01-05 SCHEDULE EXELIXIS, INC. EXEL 5.90% 15,709,500 view →
2025-05-20 SCHEDULE EXELIXIS, INC. EXEL 6.80% 18,635,500 view →
2023-11-07 SC Cazoo Group Ltd view →
2023-04-27 SC Cazoo Group Ltd view →

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