SEC Form 4 · accession 0001127602-16-041401
LEXICON PHARMACEUTICALS, INC. · LXRX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lonnel Coats
Officer — President and CEO · Director
Period of report
Feb 11, 2016
Accepted (ET)
Feb 16, 2016 · 4:10 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001062822
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F1 | $8.20 | Feb 11, 2016 | A | 134,230 | A | — | Feb 11, 2026 | Common Stock | 134,230 | 134,230 | D |
| Restricted Stock Units (Phantom Stock)F2,F3 | — | Feb 11, 2016 | A | 33,560 | A | — | — | Common Stock | 33,560 | 33,560 | D |
| Stock Option (Right to Buy)F4 | $11.76 | holding | — | — | — | — | Jul 7, 2024 | Common Stock | 121,928 | 121,928 | D |
| Stock Option (Right to Buy)F5 | $6.23 | holding | — | — | — | — | Feb 5, 2025 | Common Stock | 173,371 | 173,371 | D |
| Restricted Stock Units (Phantom Stock)F2,F6 | — | holding | — | — | — | — | — | Common Stock | 43,342 | 43,342 | D |
Explanation of responses
- F1Option 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.
- F2Each restricted stock unit represents a contingent right to receive one share of common stock.
- F3Restricted stock units vest with respect to 25% of the shares subject to the restricted stock units on February 28, 2017 and vest an additional 25% on February 28 of each of the three succeeding years thereafter.
- F4Option vests with respect to 25% of the shares subject to the option on the first anniversary of grant (7/7/2015) and vests 1/48th per month for each month of service thereafter.
- F5Option 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.
- F6Restricted stock units vest with respect to 25% of the shares subject to the restricted stock units on February 28, 2016 and vest an additional 25% on February 28 of each of the three succeeding years thereafter.