Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | LXRX | Stock Option (Right to Buy) | Award | $0 | +822K | $0.00 | 822K | Feb 10, 2022 | Common Stock | 822K | $3.20 | Direct | F1 | |
transaction | LXRX | Restricted Stock Units | Award | $0 | +274K | $0.00 | 274K | Feb 10, 2022 | Common Stock | 274K | Direct | F2, F3 |
Id | Content |
---|---|
F1 | 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. |
F2 | Each restricted stock unit represents a contingent right to receive one share of common stock. |
F3 | 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. |