<SEC-DOCUMENT>0001558370-19-005928.txt : 20190627
<SEC-HEADER>0001558370-19-005928.hdr.sgml : 20190627
<ACCEPTANCE-DATETIME>20190627111844
ACCESSION NUMBER:		0001558370-19-005928
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20190621
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
FILED AS OF DATE:		20190627
DATE AS OF CHANGE:		20190627

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Xencor Inc
		CENTRAL INDEX KEY:			0001326732
		STANDARD INDUSTRIAL CLASSIFICATION:	PHARMACEUTICAL PREPARATIONS [2834]
		IRS NUMBER:				201622502
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-36182
		FILM NUMBER:		19923575

	BUSINESS ADDRESS:	
		STREET 1:		111 WEST LEMON AVE
		CITY:			MONROVIA
		STATE:			CA
		ZIP:			91016
		BUSINESS PHONE:		626-305-5900

	MAIL ADDRESS:	
		STREET 1:		111 WEST LEMON AVE
		CITY:			MONROVIA
		STATE:			CA
		ZIP:			91016
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>f8-k.htm
<DESCRIPTION>8-K
<TEXT>
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			xncr_Current folio_8K_502
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			<font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;color:#000000;font-size:18pt;">UNITED STATES</font>
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			<font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;color:#000000;font-size:18pt;">SECURITIES AND EXCHANGE COMMISSION</font>
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			<font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;color:#000000;font-size:10pt;">WASHINGTON, D.C. 20549</font>
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			<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:7pt;">&nbsp;</font>
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			<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:7pt;">&nbsp;</font>
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		<p style="margin:0pt;line-height:100%;text-align:center;color:#000000;font-family:Calibri;font-size: 18pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;color:#000000;font-size:18pt;">FORM&nbsp;8-K</font>
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		<p style="margin:0pt;line-height:100%;color:#000000;font-family:Calibri;font-size: 7pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:7pt;">&nbsp;</font>
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			<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:7pt;">&nbsp;</font>
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			<font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;color:#000000;font-size:12pt;">CURRENT REPORT</font>
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		<p style="margin:0pt;line-height:100%;text-align:center;color:#000000;font-family:Calibri;font-size: 12pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;color:#000000;font-size:12pt;">Pursuant to Section&nbsp;13 or 15(d)</font>
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		<p style="margin:0pt;line-height:100%;text-align:center;color:#000000;font-family:Calibri;font-size: 12pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;color:#000000;font-size:12pt;">of the Securities Exchange Act of 1934</font>
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		<p style="margin:0pt;line-height:100%;color:#000000;font-family:Calibri;font-size: 7pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:7pt;">&nbsp;</font>
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			<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:10pt;">Date of Report (Date of earliest event reported):</font><font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;color:#000000;font-size:10pt;">&nbsp;June 21, 2019</font>
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			<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:7pt;">&nbsp;</font>
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		<p style="margin:0pt;line-height:100%;text-align:center;color:#000000;font-family:Calibri;font-size: 18pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;color:#000000;font-size:18pt;">XENCOR,&nbsp;INC.</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:center;color:#000000;font-family:Calibri;font-size: 10pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:10pt;">(Exact name of registrant as specified in its charter)</font>
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			<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:7pt;">&nbsp;</font>
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					<p style="margin:0pt;font-family:Calibri;line-height:107.92%;height:1.00pt;overflow:hidden;font-size:0pt;">
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						<font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;font-size:10pt;">Delaware</font></p>
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						<font style="display:inline;font-family:Times New Roman,Times,serif;font-size:1pt;">&nbsp;</font></p>
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					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Calibri;font-size: 10pt;">
						<font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;font-size:10pt;">001-36182</font></p>
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						<font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;font-size:10pt;">20-1622502</font></p>
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						<font style="display:inline;font-family:Times New Roman,Times,serif;font-size:10pt;">(State of incorporation)</font></p>
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						<font style="display:inline;font-family:Times New Roman,Times,serif;font-size:10pt;">(Commission File No.)</font></p>
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						<font style="display:inline;font-family:Times New Roman,Times,serif;font-size:10pt;">(IRS Employer Identification No.)</font></p>
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		<p style="margin:0pt;line-height:100%;color:#000000;font-family:Calibri;font-size: 7pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:7pt;">&nbsp;</font>
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		<div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;line-height:100%;margin-bottom:0pt;">
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						<font style="display:inline;font-size:1pt;">&nbsp;</font></p>
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					<p style="margin:0pt;font-family:Calibri;line-height:107.92%;height:1.00pt;overflow:hidden;font-size:0pt;">
						<font style="display:inline;font-size:1pt;">&nbsp;</font></p>
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					<p style="margin:0pt 0pt 2.2pt;text-align:center;color:#000000;font-family:Calibri;line-height:107.92%;font-size: 9pt;">
						<font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;color:#000000;font-size:9pt;">Title of each class</font></p>
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				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:135.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 2.2pt;text-align:center;color:#000000;font-family:Calibri;line-height:107.92%;font-size: 9pt;">
						<font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;color:#000000;font-size:9pt;">Trading Symbol(s)</font></p>
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					<p style="margin:0pt 0pt 2.2pt;text-align:center;color:#000000;font-family:Calibri;line-height:107.92%;font-size: 9pt;">
						<font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;color:#000000;font-size:9pt;">Name of each exchange on which registered</font></p>
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					<p style="margin:0pt 0pt 2.2pt;text-align:center;color:#000000;font-family:Calibri;line-height:107.92%;font-size: 9pt;">
						<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:9pt;">Common Stock, par value $0.01 per share</font></p>
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					<p style="margin:0pt 0pt 2.2pt;text-align:center;color:#000000;font-family:Calibri;line-height:107.92%;font-size: 9pt;">
						<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:9pt;">XNCR</font></p>
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					<p style="margin:0pt 0pt 2.2pt;text-align:center;color:#000000;font-family:Calibri;line-height:107.92%;font-size: 9pt;">
						<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:9pt;">NASDAQ</font></p>
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		<p style="margin:0pt;line-height:100%;text-align:center;color:#000000;font-family:Calibri;font-size: 10pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:center;color:#000000;font-family:Calibri;font-size: 10pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;color:#000000;font-size:10pt;">111 West Lemon Avenue</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:center;color:#000000;font-family:Calibri;font-size: 10pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;color:#000000;font-size:10pt;">Monrovia, California 91016</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:center;color:#000000;font-family:Calibri;font-size: 10pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:10pt;">(Address of principal executive offices and zip code)</font>
		</p>
		<p style="margin:0pt;line-height:100%;color:#000000;font-family:Calibri;font-size: 7pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:7pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:center;color:#000000;font-family:Calibri;font-size: 10pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:10pt;">Registrant&#x2019;s telephone number, including area code:</font><font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;color:#000000;font-size:10pt;">&nbsp;(626) 305-5900</font>
		</p>
		<p style="margin:0pt;line-height:100%;color:#000000;font-family:Calibri;font-size: 7pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:7pt;">&nbsp;</font>
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			<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:7pt;">&nbsp;</font>
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		<p style="margin:0pt;line-height:100%;color:#000000;font-family:Calibri;font-size: 10pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:10pt;">Check the appropriate box below if the Form&nbsp;8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):</font>
		</p>
		<p style="margin:0pt;line-height:100%;color:#000000;font-family:Calibri;font-size: 4pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:4pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:100%;color:#000000;font-family:Calibri;font-size: 10pt;">
			<font style="display:inline;color:#000000;font-size:10pt;">&#x2610;</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:10pt;">&nbsp;Written communications pursuant to Rule&nbsp;425 under the Securities Act (17 CFR 230.425)</font>
		</p>
		<p style="margin:0pt;line-height:100%;color:#000000;font-family:Calibri;font-size: 7pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:7pt;">&nbsp;</font>
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		<p style="margin:0pt;line-height:100%;color:#000000;font-family:Calibri;font-size: 10pt;">
			<font style="display:inline;color:#000000;font-size:10pt;">&#x2610;</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:10pt;">&nbsp;Soliciting material pursuant to Rule&nbsp;14a-12 under the Exchange Act (17 CFR 240.14a-12)</font>
		</p>
		<p style="margin:0pt;line-height:100%;color:#000000;font-family:Calibri;font-size: 7pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:7pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:100%;color:#000000;font-family:Calibri;font-size: 10pt;">
			<font style="display:inline;color:#000000;font-size:10pt;">&#x2610;</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:10pt;">&nbsp;Pre-commencement communications pursuant to Rule&nbsp;14d-2(b)&nbsp;under the Exchange Act (17 CFR 240.14d-2(b))</font>
		</p>
		<p style="margin:0pt;line-height:100%;color:#000000;font-family:Calibri;font-size: 7pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:7pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:100%;color:#000000;font-family:Calibri;font-size: 10pt;">
			<font style="display:inline;color:#000000;font-size:10pt;">&#x2610;</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:10pt;">&nbsp;Pre-commencement communications pursuant to Rule&nbsp;13e-4(c)&nbsp;under the Exchange Act (17 CFR 240.13e-4(c))</font>
		</p>
		<p style="margin:0pt;line-height:100%;color:#000000;font-family:Calibri;font-size: 7pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:7pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:100%;color:#000000;font-family:Calibri;font-size: 10pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:10pt;">Securities registered pursuant to Section 12(b) of the Act:</font>
		</p>
		<p style="margin:0pt;line-height:100%;color:#000000;font-family:Calibri;font-size: 7pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;font-size:7pt;">&nbsp;</font>
		</p>
		<div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width:468.00pt;">
			<tr>
				<td valign="top" style="width:139.50pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt 5.4pt 0pt 5.4pt;height:16.75pt">
					<p style="margin:0pt;line-height:100%;text-indent:36pt;font-family:Calibri;font-size: 10pt;">
						<font style="display:inline;font-family:inherit;font-size:10pt;">Title of each class</font></p>
				</td>
				<td valign="top" style="width:108.00pt;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt 5.4pt 0pt 5.4pt;height:16.75pt">
					<p style="margin:0pt;line-height:100%;text-indent:8.25pt;text-align:center;font-family:Calibri;font-size: 10pt;">
						<font style="display:inline;font-family:inherit;font-size:10pt;">Trading Symbol(s)</font></p>
				</td>
				<td valign="top" style="width:220.50pt;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt 5.4pt 0pt 5.4pt;height:16.75pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Calibri;font-size: 10pt;">
						<font style="display:inline;font-family:inherit;font-size:10pt;">Name of each exchange on which registered</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:139.50pt;border-top:1pt none #D9D9D9 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt 5.4pt 0pt 5.4pt;height:16.60pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Calibri;font-size: 10pt;">
						<font style="display:inline;font-family:inherit;font-size:10pt;">Common Stock, par value $0.01 per share</font></p>
				</td>
				<td valign="top" style="width:108.00pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt 5.4pt 0pt 5.4pt;height:16.60pt">
					<p style="margin:0pt;line-height:100%;text-indent:36pt;font-family:Calibri;font-size: 10pt;">
						<font style="display:inline;font-family:inherit;font-size:10pt;">XNCR</font></p>
				</td>
				<td valign="top" style="width:220.50pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt 5.4pt 0pt 5.4pt;height:16.60pt">
					<p style="margin:0pt;line-height:100%;text-indent:36pt;font-family:Calibri;font-size: 10pt;">
						<font style="display:inline;font-family:inherit;font-size:10pt;">The Nasdaq Global Market</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:100%;color:#000000;font-family:Calibri;font-size: 7pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;font-size:7pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:100%;color:#000000;font-family:Calibri;font-size: 10pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:10pt;">Indicate by check mark whether the registrant is an emerging growth company as defined in Rule&nbsp;405 of the Securities Act of 1933 (&#xA7;230.405 of this chapter) or Rule&nbsp;12b-2 of the Securities Exchange Act of 1934 (&#xA7;240.12b-2 of this chapter).</font>
		</p>
		<p style="margin:0pt;line-height:100%;color:#000000;font-family:Calibri;font-size: 7pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:7pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:100%;color:#000000;font-family:Calibri;font-size: 10pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:10pt;">Emerging growth company&nbsp;</font><font style="display:inline;color:#000000;font-size:10pt;">&#x2610;</font>
		</p>
		<p style="margin:0pt;line-height:100%;color:#000000;font-family:Calibri;font-size: 7pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:7pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:100%;color:#000000;font-family:Calibri;font-size: 10pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:10pt;">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section&nbsp;13(a)&nbsp;of the Exchange Act.&nbsp;</font><font style="display:inline;color:#000000;font-size:10pt;">&#x2610;</font>
		</p>
		<p style="margin:0pt;line-height:100%;color:#000000;font-family:Calibri;font-size: 3pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:3pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:100%;color:#000000;font-family:Calibri;font-size: 1pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:1pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:100%;color:#000000;font-family:Calibri;font-size: 5pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:5pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:100%;color:#000000;font-family:Calibri;font-size: 11pt;">
			&nbsp;
		</p>
		<p style="margin:0pt 0pt 8pt;font-family:Calibri;line-height:107.92%;font-size: 11pt;">
			<font style="display:inline;"></font></p></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;">
		<p><font size="1"> </font></p></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;page-break-after:always;"><div style="background-color:#000000;clear:both;height:2pt;border:0;margin:30pt 0pt 30pt 0pt;"></div></div><div style="margin-left:11.7647058823529%;margin-right:11.7647058823529%;"></div><div style="margin-left:11.7647058823529%;margin-right:11.7647058823529%;"><p style="margin:0pt 0pt 8pt;font-family:Calibri;line-height:107.92%;font-size: 11pt;"><font style="display:inline;"></font>
		</p>
		<p style="margin:0pt;line-height:100%;color:#000000;font-family:Calibri;font-size: 10pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;color:#000000;font-size:10pt;">Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.</font>
		</p>
		<p style="margin:0pt;line-height:100%;color:#000000;font-family:Calibri;font-size: 10pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:100%;color:#000000;font-family:Calibri;font-size: 10pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;color:#000000;font-size:10pt;">Retirement of Chief Medical Officer</font>
		</p>
		<p style="margin:0pt;line-height:100%;color:#000000;font-family:Calibri;font-size: 10pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;color:#000000;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-indent:18pt;color:#000000;font-family:Calibri;font-size: 10pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:10pt;">(b) On June 21, 2019, Paul Foster, M.D., Senior Vice President and Chief Medical Officer, notified Xencor, Inc. (the &#x201C;Company&#x201D;) of his intention to retire from the Company effective October 31, 2019 (the &#x201C;Separation Date&#x201D;). In connection with his retirement, the Company and Dr. Foster have entered into a Transition and Separation Agreement and Release (the &#x201C;Separation Agreement&#x201D;) pursuant to which his employment will terminate on the Separation Date, or such earlier date as mutually agreed upon by both the Company and Dr. Foster. Pursuant to the Separation Agreement, Dr. Foster will receive as severance benefits, (a) a lump sum cash payment equal to the sum of (i) his current base salary for 12 months plus (ii) his maximum annual target bonus for 2019, (b) reimbursement of COBRA premiums through the earliest of 12 months following the end of his coverage through the Company, the date he becomes eligible for group health insurance coverage by another employer, or the date upon which he becomes ineligible for continued coverage under COBRA, and (c) continued vesting with respect to such number of outstanding stock options and other equity awards covering the Company&#x2019;s common stock that are subject to time-based vesting requirements as if Dr. Foster remained in continuous service with the Company following the Separation Date, and an extension of the post-termination exercise period for each such award until the original expiration date of each such award, provided he continues to be available at reasonable times and under reasonable conditions to consult through the end of the original vesting schedule of each award. The Separation Agreement contains a standard release of claims on the part of Dr. Foster.</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-indent:18pt;color:#000000;font-family:Calibri;font-size: 10pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-indent:18pt;color:#000000;font-family:Calibri;font-size: 10pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:10pt;">The foregoing description of the terms of the Separation Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Separation Agreement, a copy of which will be filed with the Securities and Exchange Commission as an exhibit to the Company&#x2019;s Quarterly Report on Form 10-Q for the quarter ended June 30, 2019.</font>
		</p>
		<p style="margin:0pt;line-height:100%;color:#000000;font-family:Calibri;font-size: 10pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:center;color:#000000;font-family:Calibri;font-size: 10pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:center;color:#000000;font-family:Calibri;font-size: 10pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;color:#000000;font-size:10pt;">SIGNATURES</font>
		</p>
		<p style="margin:0pt;line-height:100%;color:#000000;font-family:Calibri;font-size: 10pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-indent:23.1pt;color:#000000;font-family:Calibri;font-size: 10pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:10pt;">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</font>
		</p>
		<p style="margin:0pt;line-height:100%;color:#000000;font-family:Calibri;font-size: 10pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:100%;color:#000000;font-family:Calibri;font-size: 10pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:10pt;">&nbsp;</font>
		</p>
		<div style="width:100%;"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 100.00%;">
			<tr>
				<td valign="top" style="width:25.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Calibri;line-height:107.92%;height:1.00pt;overflow:hidden;font-size:0pt;">
						<font style="display:inline;font-size:1pt;">&nbsp;</font></p>
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				<td valign="top" style="width:25.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Calibri;line-height:107.92%;height:1.00pt;overflow:hidden;font-size:0pt;">
						<font style="display:inline;font-size:1pt;">&nbsp;</font></p>
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				<td valign="top" style="width:05.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Calibri;line-height:107.92%;height:1.00pt;overflow:hidden;font-size:0pt;">
						<font style="display:inline;font-size:1pt;">&nbsp;</font></p>
				</td>
				<td valign="top" style="width:45.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Calibri;line-height:107.92%;height:1.00pt;overflow:hidden;font-size:0pt;">
						<font style="display:inline;font-size:1pt;">&nbsp;</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:25.00%;padding:0pt;">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt;">
						<font style="display:inline;font-family:Times New Roman,Times,serif;font-size:10pt;">Date: June 27, 2019</font></p>
				</td>
				<td valign="top" style="width:25.00%;padding:0pt;">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 1pt;">
						<font style="display:inline;font-family:Times New Roman,Times,serif;font-size:1pt;">&nbsp;</font></p>
				</td>
				<td colspan="2" valign="top" style="width:50.00%;padding:0pt;">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt;">
						<font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;font-size:10pt;">XENCOR,&nbsp;INC.</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:25.00%;padding:0pt;">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt;">
						<font style="display:inline;font-family:Times New Roman,Times,serif;font-size:10pt;">&nbsp;</font></p>
				</td>
				<td valign="top" style="width:25.00%;padding:0pt;">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt;">
						<font style="display:inline;font-family:Times New Roman,Times,serif;font-size:10pt;">&nbsp;</font></p>
				</td>
				<td valign="top" style="width:05.00%;padding:0pt;">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt;">
						<font style="display:inline;font-family:Times New Roman,Times,serif;font-size:10pt;">&nbsp;</font></p>
				</td>
				<td valign="top" style="width:45.00%;padding:0pt;">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt;">
						<font style="display:inline;font-family:Times New Roman,Times,serif;font-size:10pt;">&nbsp;</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:25.00%;padding:0pt;">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt;">
						<font style="display:inline;font-family:Times New Roman,Times,serif;font-size:10pt;">&nbsp;</font></p>
				</td>
				<td valign="top" style="width:25.00%;padding:0pt;">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt;">
						<font style="display:inline;font-family:Times New Roman,Times,serif;font-size:10pt;">&nbsp;</font></p>
				</td>
				<td valign="top" style="width:05.00%;padding:0pt;">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt;">
						<font style="display:inline;font-family:Times New Roman,Times,serif;font-size:10pt;">&nbsp;</font></p>
				</td>
				<td valign="top" style="width:45.00%;padding:0pt;">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt;">
						<font style="display:inline;font-family:Times New Roman,Times,serif;font-size:10pt;">&nbsp;</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:25.00%;padding:0pt;">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 1pt;">
						<font style="display:inline;font-family:Times New Roman,Times,serif;font-size:1pt;">&nbsp;</font></p>
				</td>
				<td valign="top" style="width:25.00%;padding:0pt;">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 1pt;">
						<font style="display:inline;font-family:Times New Roman,Times,serif;font-size:1pt;">&nbsp;</font></p>
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				<td valign="top" style="width:05.00%;padding:0pt;">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt;">
						<font style="display:inline;font-family:Times New Roman,Times,serif;font-size:10pt;">By:</font></p>
				</td>
				<td valign="top" style="width:45.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt;">
						<font style="display:inline;font-family:Times New Roman,Times,serif;font-size:10pt;">/s/ Bassil I. Dahiyat, Ph.D.</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:25.00%;padding:0pt;">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 1pt;">
						<font style="display:inline;font-family:Times New Roman,Times,serif;font-size:1pt;">&nbsp;</font></p>
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				<td valign="top" style="width:25.00%;padding:0pt;">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 1pt;">
						<font style="display:inline;font-family:Times New Roman,Times,serif;font-size:1pt;">&nbsp;</font></p>
				</td>
				<td valign="top" style="width:05.00%;padding:0pt;">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 1pt;">
						<font style="display:inline;font-family:Times New Roman,Times,serif;font-size:1pt;">&nbsp;</font></p>
				</td>
				<td valign="top" style="width:45.00%;padding:0pt;">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt;">
						<font style="display:inline;font-family:Times New Roman,Times,serif;font-size:10pt;">Bassil I. Dahiyat, Ph.D.</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:25.00%;padding:0pt;">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 1pt;">
						<font style="display:inline;font-family:Times New Roman,Times,serif;font-size:1pt;">&nbsp;</font></p>
				</td>
				<td valign="top" style="width:25.00%;padding:0pt;">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 1pt;">
						<font style="display:inline;font-family:Times New Roman,Times,serif;font-size:1pt;">&nbsp;</font></p>
				</td>
				<td valign="top" style="width:05.00%;padding:0pt;">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 1pt;">
						<font style="display:inline;font-family:Times New Roman,Times,serif;font-size:1pt;">&nbsp;</font></p>
				</td>
				<td valign="top" style="width:45.00%;padding:0pt;">
					<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt;">
						<font style="display:inline;font-family:Times New Roman,Times,serif;font-size:10pt;">President and Chief Executive Officer</font></p>
				</td>
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