Home/Filings/4/0000899243-23-014464
4//SEC Filing

Artal Group S.A. 4

Accession 0000899243-23-014464

CIK 0001062822other

Filed

Jun 4, 8:00 PM ET

Accepted

Jun 5, 4:46 PM ET

Size

27.0 KB

Accession

0000899243-23-014464

Insider Transaction Report

Form 4
Period: 2023-06-05
ARTAL GROUP S A
Director10% Owner
Transactions
  • Purchase

    Common Stock

    2023-06-05$2.60/sh+27,775,050$72,215,13078,634,381 total(indirect: See Footnotes)
Holdings
  • Common Stock

    (indirect: See Footnotes)
    3,516,214
  • Common Stock

    (indirect: See Footnotes)
    35,402,689
Transactions
  • Purchase

    Common Stock

    2023-06-05$2.60/sh+27,775,050$72,215,13078,634,381 total(indirect: See Footnotes)
Holdings
  • Common Stock

    (indirect: See Footnotes)
    35,402,689
  • Common Stock

    (indirect: See Footnotes)
    3,516,214
Transactions
  • Purchase

    Common Stock

    2023-06-05$2.60/sh+27,775,050$72,215,13078,634,381 total(indirect: See Footnotes)
Holdings
  • Common Stock

    (indirect: See Footnotes)
    3,516,214
  • Common Stock

    (indirect: See Footnotes)
    35,402,689
Invus Public Equities, LP
Director10% Owner
Transactions
  • Purchase

    Common Stock

    2023-06-05$2.60/sh+27,775,050$72,215,13078,634,381 total(indirect: See Footnotes)
Holdings
  • Common Stock

    (indirect: See Footnotes)
    35,402,689
  • Common Stock

    (indirect: See Footnotes)
    3,516,214
ARTAL INTERNATIONAL SCA
Director10% Owner
Transactions
  • Purchase

    Common Stock

    2023-06-05$2.60/sh+27,775,050$72,215,13078,634,381 total(indirect: See Footnotes)
Holdings
  • Common Stock

    (indirect: See Footnotes)
    3,516,214
  • Common Stock

    (indirect: See Footnotes)
    35,402,689
Wittouck Amaury
Director10% Owner
Transactions
  • Purchase

    Common Stock

    2023-06-05$2.60/sh+27,775,050$72,215,13078,634,381 total(indirect: See Footnotes)
Holdings
  • Common Stock

    (indirect: See Footnotes)
    35,402,689
  • Common Stock

    (indirect: See Footnotes)
    3,516,214
WESTEND SA
Director10% Owner
Transactions
  • Purchase

    Common Stock

    2023-06-05$2.60/sh+27,775,050$72,215,13078,634,381 total(indirect: See Footnotes)
Holdings
  • Common Stock

    (indirect: See Footnotes)
    3,516,214
  • Common Stock

    (indirect: See Footnotes)
    35,402,689
Transactions
  • Purchase

    Common Stock

    2023-06-05$2.60/sh+27,775,050$72,215,13078,634,381 total(indirect: See Footnotes)
Holdings
  • Common Stock

    (indirect: See Footnotes)
    3,516,214
  • Common Stock

    (indirect: See Footnotes)
    35,402,689
Transactions
  • Purchase

    Common Stock

    2023-06-05$2.60/sh+27,775,050$72,215,13078,634,381 total(indirect: See Footnotes)
Holdings
  • Common Stock

    (indirect: See Footnotes)
    35,402,689
  • Common Stock

    (indirect: See Footnotes)
    3,516,214
Invus, L.P.
10% Owner
Transactions
  • Purchase

    Common Stock

    2023-06-05$2.60/sh+27,775,050$72,215,13078,634,381 total(indirect: See Footnotes)
Holdings
  • Common Stock

    (indirect: See Footnotes)
    35,402,689
  • Common Stock

    (indirect: See Footnotes)
    3,516,214
Footnotes (6)
  • [F1]On May 31, 2023, Artal International S.C.A. entered into a purchase agreement (the "Purchase Agreement") with the Issuer pursuant to which Artal International S.C.A. agreed to purchase 24,152,218 shares of common stock, $0.001 par value per share (the "Issuer Common Stock"), of the Issuer at a price of $2.60 per share (the "Purchase Price"). The Purchase Agreement also provided Artal International S.C.A. the right to purchase from the Issuer, on a pro rata basis, up to an additional 3,622,832 shares of Issuer Common Stock at a price per share equal to the Purchase Price. On June 1, 2023, pursuant to the 2023 Purchase Agreement, Artal International S.C.A. exercised its right to purchase an additional 3,622,832 shares of Issuer Common Stock at a price per share equal to the Purchase Price. The purchase closed on June 5, 2023.
  • [F2]These securities are directly held by Artal International S.C.A.
  • [F3]These securities are directly held by Invus Public Equities, L.P.
  • [F4]These securities are directly held by Invus, L.P.
  • [F5]Invus Public Equities Advisors, LLC is the general partner of Invus Public Equities, L.P., and Invus Advisors, L.L.C. is the general partner of Invus, L.P. The Geneva branch of Artal International S.C.A. is the managing member of Invus Public Equities Advisors, LLC. Artal International S.C.A. is the managing member of Invus Advisors, L.L.C. The managing partner of Artal International S.C.A. is Artal International Management S.A. The sole stockholder of Artal International Management S.A. is Artal Group S.A. The parent company of Artal Group S.A. is Westend S.A. The majority stockholder of Westend S.A. is Stichting Administratiekantoor Westend (the "Stichting"). Mr. Amaury Wittouck is the sole member of the board of the Stichting.
  • [F6]Each of the Reporting Persons (other than to the extent it directly holds securities reported herein) disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), each of the Reporting Persons (other than to the extent it directly holds securities reported herein) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 of the Exchange Act or for any other purpose.

Issuer

LEXICON PHARMACEUTICALS, INC.

CIK 0001062822

Entity typeother
IncorporatedLuxembourg

Related Parties

1
  • filerCIK 0001053906

Filing Metadata

Form type
4
Filed
Jun 4, 8:00 PM ET
Accepted
Jun 5, 4:46 PM ET
Size
27.0 KB