Kristen L. Alexander - 25 Sep 2021 Form 3 Insider Report for LEXICON PHARMACEUTICALS, INC. (LXRX)

Signature
/s/ Kristen L. Alexander
Issuer symbol
LXRX
Transactions as of
25 Sep 2021
Net transactions value
$0
Form type
3
Filing time
27 Sep 2021, 16:06:42 UTC
Next filing
14 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding LXRX Common Stock 9,000 25 Sep 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding LXRX Stock Option (Right to Buy) 25 Sep 2021 Common Stock 9,184 $16.40 Direct F1
holding LXRX Stock Option (Right to Buy) 25 Sep 2021 Common Stock 4,000 $9.79 Direct F2
holding LXRX Stock Option (Right to Buy) 25 Sep 2021 Common Stock 4,800 $5.16 Direct F3
holding LXRX Restricted Stock Units 25 Sep 2021 Common Stock 3,200 Direct F4, F5
holding LXRX Stock Option (Right to Buy) 25 Sep 2021 Common Stock 5,800 $3.31 Direct F6
holding LXRX Restricted Stock Units 25 Sep 2021 Common Stock 10,800 Direct F5, F7
holding LXRX Stock Option (Right to Buy) 25 Sep 2021 Common Stock 4,000 $8.38 Direct F6
holding LXRX Restricted Stock Units 25 Sep 2021 Common Stock 8,100 Direct F5, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Option vests with respect to 25% of the shares subject to the option on the first anniversary of grant (6/12/2018) and vests 1/48th per month for each month of service thereafter.
F2 Option vests with respect to 25% of the shares subject to the option on the first anniversary of grant (2/8/2019) and vests 1/48th per month for each month of service thereafter.
F3 Option vests with respect to 25% of the shares subject to the option on the first anniversary of grant (2/7/2020) and vests 1/48th per month for each month of service thereafter
F4 Restricted stock units vest with respect to one third of the shares subject to the restricted stock units on February 28, 2020 and vest an additional one third on February 28 of each of the two succeeding years thereafter.
F5 Each restricted stock unit represents a contingent right to receive one share of common stock.
F6 Option vests with respect to 25% of the shares subject to the option on the first anniversary of grant, and vests 1/48th per month for each month of service thereafter.
F7 Restricted stock units vest with respect to 1/3 of the shares subject to the restricted stock units on February 28 of each of the three years following the year of grant.