Ph.D. Kiernan Seth - 28 Oct 2021 Form 3 Insider Report for LEXICON PHARMACEUTICALS, INC. (LXRX)

Role
VP, Chief Commercial Officer
Signature
/s/ Kiernan Seth, Ph.D.
Issuer symbol
LXRX
Transactions as of
28 Oct 2021
Net transactions value
$0
Form type
3
Filing time
29 Oct 2021, 16:18:05 UTC
Next filing
14 Feb 2022
SEC
View on sec.gov

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) 28 Oct 2021 Common Stock 1,041 $6.23 Direct F1
holding LXRX Stock Option (Right to Buy) 28 Oct 2021 Common Stock 3,483 $8.20 Direct F2
holding LXRX Stock Option (Right to Buy) 28 Oct 2021 Common Stock 13,500 $14.44 Direct F3
holding LXRX Stock Option (Right to Buy) 28 Oct 2021 Common Stock 21,220 $9.79 Direct F4
holding LXRX Stock Option (Right to Buy) 28 Oct 2021 Common Stock 45,040 $5.16 Direct F5
holding LXRX Restricted Stock Units 28 Oct 2021 Common Stock 10,007 Direct F6, F7
holding LXRX Stock Option (Right to Buy) 28 Oct 2021 Common Stock 66,750 $3.31 Direct F8
holding LXRX Restricted Stock Units 28 Oct 2021 Common Stock 29,667 Direct F7, F9
holding LXRX Stock Option (Right to Buy) 28 Oct 2021 Common Stock 23,800 $8.38 Direct F8
holding LXRX Restricted Stock Units 28 Oct 2021 Common Stock 15,860 Direct F7, F9
holding LXRX Stock Option (Right to Buy) 28 Oct 2021 Common Stock 10,714 $9.73 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 (11/13/2015) and vests 1/48th per month for each month of service thereafter.