Invus US Partners LLC - 05 Aug 2022 Form 4 Insider Report for LEXICON PHARMACEUTICALS, INC. (LXRX)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
09 Aug 2022, 16:48:13 UTC
Prior SEC filing
01 Aug 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Invus US Partners LLC, By: /s/ Philip Bafundo , Name: Philip Bafundo, Title: Authorized Person

Key filing fact

Invus US Partners LLC filed Form 4 for LEXICON PHARMACEUTICALS, INC. (LXRX) on 09 Aug 2022.

Key facts

  • This page summarizes Invus US Partners LLC's Form 4 filing for LEXICON PHARMACEUTICALS, INC. (LXRX).
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 09 Aug 2022, 16:48.

Change

  • Previous filing in this sequence was filed on 01 Aug 2022.
  • Current net transaction value: +$368,475.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

LXRX transaction

Common Stock

Purchase

Transaction value
$368,475
Shares
+147,390
Change %
+2.8%
Price
$2.50
Shares after
5,451,204
Date
05 Aug 2022
Ownership
See Footnotes
Footnotes
F1, F2, F4, F5
LXRX holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
331,545
Date
05 Aug 2022
Ownership
Direct
Footnotes
F3, F4, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Pursuant to a purchase agreement dated July 27, 2022, between Invus US Partners LLC and the Issuer, on August 5, 2022, Invus US Partners LLC purchased an additional 147,390 shares of common stock, $0.001 par value per share (the "Issuer Common Stock"), following the full exercise by the underwriters of a concurrent public offering of their option to purchase additional shares of Issuer Common Stock.

Footnote F2

These securities are directly held by Invus US Partners LLC

Footnote F3

These securities are directly held by Mr. Raymond Debbane.

Footnote F4

Ulys, L.L.C. is the general partner of Invus US Partners LLC, and Mr. Raymond Debbane is the sole member of Ulys, L.L.C.

Footnote F5

Each of the Reporting Persons (other than to the extent it directly holds securities reported herein) disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), each of the Reporting Persons (other than to the extent it directly holds securities reported herein) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 of the Exchange Act or for any other purpose.

SEC remarks

Artal International S.C.A. directly holds 50,859,331 shares of Issuer Common Stock; Invus, L.P. directly holds 35,402,689 shares of Issuer Common Stock; and Invus Public Equities, L.P. directly holds 3,516,214 shares of Issuer Common Stock, which securities are being reported on a separately filed Form 4. For purposes of Section 16 of the Exchange Act, the Reporting Persons may be deemed to be directors by deputization of the Issuer by virtue of Invus, L.P.'s right to designate certain members of the Issuer's board of directors pursuant to a stockholders' agreement between the Issuer and Invus, L.P.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .