4//SEC Filing
Artal Group S.A. 4
Accession 0000950170-24-031072
CIK 0001062822other
Filed
Mar 12, 8:00 PM ET
Accepted
Mar 13, 9:22 PM ET
Size
24.0 KB
Accession
0000950170-24-031072
Insider Transaction Report
Form 4
Artal International Management S.A.
Director10% Owner
Transactions
- Award
Series A Convertible Preferred Stock
2024-03-13$108.50/sh+1,150,922$124,875,037→ 1,150,922 total(indirect: See Footnotes)
Invus, L.P.
10% Owner
Transactions
- Award
Series A Convertible Preferred Stock
2024-03-13$108.50/sh+1,150,922$124,875,037→ 1,150,922 total(indirect: See Footnotes)
Invus Public Equities Advisors, LLC
Director10% Owner
Transactions
- Award
Series A Convertible Preferred Stock
2024-03-13$108.50/sh+1,150,922$124,875,037→ 1,150,922 total(indirect: See Footnotes)
ARTAL INTERNATIONAL SCA
Director10% Owner
Transactions
- Award
Series A Convertible Preferred Stock
2024-03-13$108.50/sh+1,150,922$124,875,037→ 1,150,922 total(indirect: See Footnotes)
Wittouck Amaury
Director10% Owner
Transactions
- Award
Series A Convertible Preferred Stock
2024-03-13$108.50/sh+1,150,922$124,875,037→ 1,150,922 total(indirect: See Footnotes)
Invus Public Equities, LP
Director10% Owner
Transactions
- Award
Series A Convertible Preferred Stock
2024-03-13$108.50/sh+1,150,922$124,875,037→ 1,150,922 total(indirect: See Footnotes)
ARTAL GROUP S A
Director10% Owner
Transactions
- Award
Series A Convertible Preferred Stock
2024-03-13$108.50/sh+1,150,922$124,875,037→ 1,150,922 total(indirect: See Footnotes)
WESTEND SA
Director10% Owner
Transactions
- Award
Series A Convertible Preferred Stock
2024-03-13$108.50/sh+1,150,922$124,875,037→ 1,150,922 total(indirect: See Footnotes)
Stichting Administratiekantoor Westend
Director10% Owner
Transactions
- Award
Series A Convertible Preferred Stock
2024-03-13$108.50/sh+1,150,922$124,875,037→ 1,150,922 total(indirect: See Footnotes)
Invus Advisors, L.L.C.
10% Owner
Transactions
- Award
Series A Convertible Preferred Stock
2024-03-13$108.50/sh+1,150,922$124,875,037→ 1,150,922 total(indirect: See Footnotes)
Footnotes (3)
- [F1]On March 11, 2024, 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 1,150,922 shares of Series A convertible preferred stock, $0.01 par value per share (the "Preferred Stock") of the Issuer at a price of $108.50 per share (the "Purchase Price"). Each share of Preferred Stock will automatically convert into 50 shares of the Issuer's common stock, par value $0.001 per share (the "Common Stock") upon receipt of shareholder approval and the satisfaction of certain other conditions; however, absent the satisfaction of such conditions, the shares are not convertible. The purchase closed on March 13, 2024.
- [F2]These securities are directly held by Artal International S.C.A. 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.
- [F3]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.
Documents
Issuer
LEXICON PHARMACEUTICALS, INC.
CIK 0001062822
Entity typeother
IncorporatedLuxembourg
Related Parties
1- filerCIK 0001053906
Filing Metadata
- Form type
- 4
- Filed
- Mar 12, 8:00 PM ET
- Accepted
- Mar 13, 9:22 PM ET
- Size
- 24.0 KB