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LEXICON PHARMACEUTICALS, INC. — Director's Dealing 2016
Mar 2, 2016
32814_dirs_2016-03-02_8e798d42-84b7-4d87-88c1-4a44a2ab5b8c.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: LEXICON PHARMACEUTICALS, INC. (LXRX)
CIK: 0001062822
Period of Report: 2016-02-29
Reporting Person: Tessmer James F (VP, Finance & Accounting)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-02-29 | Common Stock | M | 965 | — | Acquired | 12709 | Direct |
| 2016-02-29 | Common Stock | M | 857 | — | Acquired | 13566 | Direct |
| 2016-02-29 | Common Stock | M | 1339 | — | Acquired | 14905 | Direct |
| 2016-02-29 | Common Stock | M | 2667 | — | Acquired | 17572 | Direct |
| 2016-02-29 | Common Stock | F | 1626 | $9.07 | Disposed | 15946 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-02-29 | Restricted Stock Units (Phantom Stock) | $ | M | 965 | Disposed | Common Stock (965) | Direct | |
| 2016-02-29 | Restricted Stock Units (Phantom Stock) | $ | M | 857 | Disposed | Common Stock (857) | Direct | |
| 2016-02-29 | Restricted Stock Units (Phantom Stock) | $ | M | 1339 | Disposed | Common Stock (1339) | Direct | |
| 2016-02-29 | Restricted Stock Units (Phantom Stock) | $ | M | 2667 | Disposed | Common Stock (2667) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of common stock.
F2: Withholding of a portion of issued shares by the Company in satisfaction of shareholder's tax withholding obligations with respect thereto.
F3: Restricted stock units vest with respect to 25% of the shares subject to the restricted stock units on February 28, 2013 and vest an additional 25% on February 28 of each of the three succeeding years thereafter.
F4: 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 thereafter.
F5: Restricted stock units vest with respect to 25% of the shares subject to the restricted stock units on February 28, 2015 and vest an additional 25% on February 28 of each of the three succeeding years thereafter.
F6: Restricted 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.