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Brian T Crum

Filed: 4 Nov 19, 6:17pm
SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Crum Brian T

(Last)(First)(Middle)
8800 TECHNOLOGY FOREST PL

(Street)
THE WOODLANDSTX77381

(City)(State)(Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
10/28/2019
3. Issuer Name and Ticker or Trading Symbol
LEXICON PHARMACEUTICALS, INC. [ LXRX ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
VP, General Counsel & Secr.
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)2. Amount of Securities Beneficially Owned (Instr. 4)3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock22,925D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)4. Conversion or Exercise Price of Derivative Security5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (Right to Buy)(1)02/15/2020Common Stock2,85713.3D
Stock Option (Right to Buy)(2)02/23/2021Common Stock10,00012.67D
Stock Option (Right to Buy)(3)02/15/2022Common Stock10,57112.6D
Stock Option (Right to Buy)(4)02/08/2023Common Stock8,74714.63D
Stock Option (Right to Buy)(5)02/06/2024Common Stock13,49912.04D
Stock Option (Right to Buy)(6)02/05/2025Common Stock19,3916.23D
Stock Option (Right to Buy)(7)02/11/2026Common Stock23,4708.2D
Restricted Stock Units(8)(8)Common Stock2,515(9)D
Stock Option (Right to Buy)(10)02/09/2027Common Stock14,16014.44D
Restricted Stock Units(11)(11)Common Stock3,035(9)D
Stock Option (Right to Buy)(12)02/08/2028Common Stock23,0409.79D
Restricted Stock Units(13)(13)Common Stock10,237(9)D
Stock Option (Right to Buy)(14)02/07/2029Common Stock49,9505.16D
Restricted Stock Units(15)(15)Common Stock33,300(9)D
Stock Option (Right to Buy)(16)05/17/2020Common Stock7,14210.64D
Explanation of Responses:
1. Option vests with respect to 25% of the shares subject to the option on the first anniversary of grant (2/15/2011) and vests 1/48th per month for each month of service thereafter.
2. Option vests with respect to 25% of the shares subject to the option on the first anniversary of grant (2/23/2012) and vests 1/48th per month for each month of service thereafter.
3. Option vests with respect to 25% of the shares subject to the option on the first anniversary of grant (2/15/2013) and vests 1/48th per month for each month of service thereafter.
4. 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
5. Option vests with respect to 25% of the shares subject to the option on the first anniversary of grant (2/6/15) and vests 1/48th per month for each month of service thereafter.
6. Option 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.
7. Option 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.
8. Restricted 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.
9. Each restricted stock unit represents a contingent right to receive one share of common stock.
10. Option vests with respect to 25% of the shares subject to the option on the first anniversary of grant (2/9/2018) and vests 1/48th per month for each month of service thereafter
11. Restricted stock units vest with respect to 25% of the shares subject to the restricted stock units on February 28, 2018 and vest an additional 25% on February 28 of each of the three succeeding years thereafter.
12. Option vests with respect to 25% of the shares subject to the option on the first anniversary of grant (2/8/2019) and vests 1/48th per month for each month of service thereafter.
13. Restricted stock units vest with respect to one third of the shares subject to the restricted stock units on February 28, 2019 and vest an additional one third on February 28 of each of the two succeeding years thereafter.
14. Option vests with respect to 25% of the shares subject to the option on the first anniversary of grant (2/7/2020) and vests 1/48th per month for each month of service thereafter
15. Restricted stock units vest with respect to one third of the shares subject to the restricted stock units on February 28, 2020 and vest an additional one third on February 28 of each of the two succeeding years thereafter.
16. Option vests with respect to 25% of the shares subject to the option on the first anniversary of grant (5/17/2011) and vests 1/48th per month for each month of service thereafter.
/s/ Brian T. Crum11/04/2019
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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