Kenneth B. Kassler-Taub - Oct 1, 2021 Form 3 Insider Report for LEXICON PHARMACEUTICALS, INC. (LXRX)

Role: SVP, Regulatory & QA
Signature: /s/ Kenneth B. Kassler-Taub, M.D.
Stock symbol: LXRX
Transactions as of: Oct 1, 2021
Transactions value $: $0
Form type: 3
Date filed: 10/1/2021, 04:05 PM
Next filing: Feb 14, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	LXRX	Common Stock						62.5K	Oct 1, 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)							Oct 1, 2021	Common Stock	32.2K	$6.23	Direct	F1
holding	LXRX	Stock Option (Right to Buy)							Oct 1, 2021	Common Stock	25K	$8.20	Direct	F2
holding	LXRX	Stock Option (Right to Buy)							Oct 1, 2021	Common Stock	15.3K	$14.44	Direct	F3
holding	LXRX	Stock Option (Right to Buy)							Oct 1, 2021	Common Stock	23.7K	$9.79	Direct	F4
holding	LXRX	Stock Option (Right to Buy)							Oct 1, 2021	Common Stock	50.8K	$5.16	Direct	F5
holding	LXRX	Restricted Stock Units							Oct 1, 2021	Common Stock	11.3K		Direct	F6, F7
holding	LXRX	Stock Option (Right to Buy)							Oct 1, 2021	Common Stock	82.1K	$3.31	Direct	F8
holding	LXRX	Restricted Stock Units							Oct 1, 2021	Common Stock	36.5K		Direct	F7, F9
holding	LXRX	Stock Option (Right to Buy)							Oct 1, 2021	Common Stock	31.9K	$8.38	Direct	F8
holding	LXRX	Restricted Stock Units							Oct 1, 2021	Common Stock	21.3K		Direct	F7, F9
holding	LXRX	Stock Option (Right to Buy)							Oct 1, 2021	Common Stock	17.1K	$10.01	Direct	F10

* 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 (2/5/16) 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 (2/11/2017) 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 (2/9/2018) and vests 1/48th per month for each month of service thereafter
F4	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.
F5	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
F6	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.
F7	Each restricted stock unit represents a contingent right to receive one share of common stock.
F8	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.
F9	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.
F10	Option vests with respect to 25% of the shares subject to the option on the first anniversary of grant (10/30/2015) and vests 1/48th per month for each month of service thereafter.