RAYMOND DEBBANE - 13 May 2024 Form 4 Insider Report for LEXICON PHARMACEUTICALS, INC. (LXRX)

Role
Director
Signature
/s/ Raymond Debbane
Issuer symbol
LXRX
Transactions as of
13 May 2024
Net transactions value
$0
Form type
4
Filing time
13 May 2024, 16:02:19 UTC
Previous filing
29 Apr 2024
Next filing
13 May 2025

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
transaction LXRX Stock Option (Right to Buy) Award $0 +44,906 $0.000000 44,906 13 May 2024 Common Stock 44,906 $1.79 Direct F1
transaction LXRX Restricted Stock Units Award $0 +36,810 $0.000000 36,810 13 May 2024 Common Stock 36,810 $0.000000 Direct F2, F3
* 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 one third of the shares subject to the option on each of the first three anniversaries of the grant date.
F2 Restricted stock unit vests with respect to 100% of the shares subject to the restricted stock unit on the first anniversary of the grant date.
F3 Each restricted stock unit represents a contingent right to receive one share of common stock.