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

Role: VP, Chief Commercial Officer
Signature: /s/ Kiernan Seth, Ph.D.
Stock symbol: LXRX
Transactions as of: Oct 28, 2021
Transactions value $: $0
Form type: 3
Date filed: 10/29/2021, 04:18 PM
Next filing: Feb 14, 2022

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 28, 2021	Common Stock	1.04K	$6.23	Direct	F1
holding	LXRX	Stock Option (Right to Buy)							Oct 28, 2021	Common Stock	3.48K	$8.20	Direct	F2
holding	LXRX	Stock Option (Right to Buy)							Oct 28, 2021	Common Stock	13.5K	$14.44	Direct	F3
holding	LXRX	Stock Option (Right to Buy)							Oct 28, 2021	Common Stock	21.2K	$9.79	Direct	F4
holding	LXRX	Stock Option (Right to Buy)							Oct 28, 2021	Common Stock	45K	$5.16	Direct	F5
holding	LXRX	Restricted Stock Units							Oct 28, 2021	Common Stock	10K		Direct	F6, F7
holding	LXRX	Stock Option (Right to Buy)							Oct 28, 2021	Common Stock	66.8K	$3.31	Direct	F8
holding	LXRX	Restricted Stock Units							Oct 28, 2021	Common Stock	29.7K		Direct	F7, F9
holding	LXRX	Stock Option (Right to Buy)							Oct 28, 2021	Common Stock	23.8K	$8.38	Direct	F8
holding	LXRX	Restricted Stock Units							Oct 28, 2021	Common Stock	15.9K		Direct	F7, F9
holding	LXRX	Stock Option (Right to Buy)							Oct 28, 2021	Common Stock	10.7K	$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.