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LEXICON PHARMACEUTICALS, INC. Director's Dealing 2013

Feb 12, 2013

32814_dirs_2013-02-12_94866fe6-6651-4126-b41b-f91efc0676bd.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LEXICON PHARMACEUTICALS, INC./DE (LXRX)
CIK: 0001062822
Period of Report: 2013-02-08

Reporting Person: Tessmer James F (VP, Finance & Accounting)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2013-02-08 Restricted Stock Units (Phantom Stock) $ A 24000 Acquired Common Stock (24000) Direct
2013-02-08 Stock Option (Right to Buy) $2.09 A 56000 Acquired 2023-02-08 Common Stock (56000) Direct

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of common stock.

F2: Restricted stock units vest with respect to 25% of the shares subject to the restricted stock units on February 28, 2014 and vest an additional 25% on February 28 of each of the three succeeding years

F3: Option vests with respect to 25% of the shares subject to the option on the first anniversary of grant (2/8/2014) and vests 1/48th per month for each month of service thereafter