Kristen Alexander - Feb 13, 2025 Form 4 Insider Report for LEXICON PHARMACEUTICALS, INC. (LXRX)

Signature
/s/ Kristen L. Alexander
Stock symbol
LXRX
Transactions as of
Feb 13, 2025
Transactions value $
$0
Form type
4
Date filed
2/18/2025, 04:22 PM
Previous filing
Feb 29, 2024
Next filing
Mar 3, 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 +186K $0.00 186K Feb 13, 2025 Common Stock 186K $0.70 Direct F1
transaction LXRX Restricted Stock Units Award $0 +186K $0.00 186K Feb 13, 2025 Common Stock 186K 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 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.