Farallon Capital Updates Exelixis Stake

TL;DR

Farallon Capital just updated their Exelixis filing. Keep an eye on this one.

AI Summary

Farallon Capital Partners, L.P. has amended its Schedule 13D filing regarding Exelixis, Inc. as of May 8, 2024. The filing indicates a change in beneficial ownership, though specific share counts and dollar amounts are not detailed in this excerpt. This amendment signifies an update to their holdings or intentions concerning Exelixis.

Why It Matters

This filing indicates a significant investor, Farallon Capital, is actively managing its position in Exelixis, which could influence the stock's trading activity and future corporate actions.

Risk Assessment

Risk Level: medium — Changes in beneficial ownership filings by large investors like Farallon Capital can signal shifts in strategy or market sentiment, potentially impacting the stock price.

Key Players & Entities

• Farallon Capital Partners, L.P. (company) — Filing entity
• Exelixis, Inc. (company) — Subject company
• Hannah E. D (person) — Signatory

FAQ

Key Financial Figures

• $0.001 — ame of Issuer) Common Stock, par value $0.001 per share (Title of Class of Securitie

Filing Documents

• exel_13da.htm (SC 13D/A) — 556KB
• 0000908834-24-000125.txt ( ) — 558KB

From the Filing

SC 13D/A 1 exel_13da.htm UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 4) * Exelixis, Inc. (Name of Issuer) Common Stock, par value $0.001 per share (Title of Class of Securities) 30161Q104 (Cusip Number) Hannah E. Dunn Farallon Capital Management, L.L.C. One Maritime Plaza, Suite 2100 San Francisco, California 94111 (415) 421-2132 (Name, Address, and Telephone Number of Person Authorized to Receive Notices and Communications) May 6, 2024 (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Sections 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box [ ] . Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Section 240.13d-7 for other parties to whom copies are to be sent. * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). (Continued on following pages) Page 1 of 38 Pages Exhibit Index Found on Page 36 13D CUSIP No. 30161Q104 1 NAMES OF REPORTING PERSONS Farallon Capital Partners, L.P. 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) [ ] (b) [X]** ** The reporting persons making this filing hold an aggregate of 26,769,500 Shares (as defined in Item 1), representing 9.2% of the class of securities outstanding. The reporting person on this cover page, however, is a beneficial owner only of the securities reported by it on this cover page. 3 SEC USE ONLY 4 SOURCE OF FUNDS (See Instructions) WC 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] 6 CITIZENSHIP OR PLACE OF ORGANIZATION California NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 0 8 SHARED VOTING POWER 2,242,720 9 SOLE DISPOSITIVE POWER 0 10 SHARED DISPOSITIVE POWER 2,242,720 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,242,720 12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) [ ] 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.8% 14 TYPE OF REPORTING PERSON (See Instructions) PN Page 2 of 38 Pages 13D CUSIP No. 30161Q104 1 NAMES OF REPORTING PERSONS Farallon Capital Institutional Partners, L.P. 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) [ ] (b) [X]** ** The reporting persons making this filing hold an aggregate of 26,769,500 Shares (as defined in Item 1), representing 9.2% of the class of securities outstanding. The reporting person on this cover page, however, is a beneficial owner only of the securities reported by it on this cover page. 3 SEC USE ONLY 4 SOURCE OF FUNDS (See Instructions) WC 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] 6 CITIZENSHIP OR PLACE OF ORGANIZATION California NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 0 8 SHARED VOTING POWER 2,677,482 9 SOLE DISPOSITIVE POWER 0 10 SHARED DISPOSITIVE POWER 2,677,482 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,677,482 12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) [ ] 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.9% 14 TYPE OF REPORTING PERSON (See Instructions) PN Page 3 of 38 Pages 13D CUSIP No. 30161Q104 1 NAMES OF REPORTING PERSONS Farallon Capital Institutional Partners II, L.P. 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) [ ] (b) [X]** ** The reporting persons making this filing hold an aggregate of 26,769,500 Shares (as defined in Item 1), representing 9.2% of the class of securities outstanding. The reporting person on this cover page, however, is a beneficial owner only of the securities reported by it on this cover page. 3 SEC USE ONLY 4 SOURCE OF FUNDS (See Instructions) WC 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] 6 CITIZENSHIP OR PLACE OF ORGANIZATION California NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 0 8 SHARED VOTING POWER 764,597 9

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View this SC 13D/A filing on SEC EDGAR