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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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SCHEDULE 13D
Under the Securities Exchange Act of 1934
LEXICON GENETICS INCORPORATED
(Name of Issuer)
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Common Stock $0.001 Par Value Per Share
(Title of Class of Securities)
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528872 10 4
(CUSIP Number)
Mr. John Sullivan
Gordon Cain and Associates
8 Greenway Plaza, Suite 702
Houston, Texas 77046
Telephone: (713) 840-7896
(Name, Address and Telephone Number
of Person Authorized to Receive Notices
and Communications)
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November 20, 2002
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition that is the subject of this Schedule 13D, and is filing this
Schedule because of Rule 13d-1(e), Rule 13d-1(f) or Rule 13d-1(g), check the
following box: [ ]
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act.
CUSIP NO. 528872 10 4
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1. Name of Reporting Person
Estate of Gordon A. Cain (01-6222478)
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2. Check the Appropriate Box If A Member of a Group
(a) [_]
(b) [_]
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3. SEC Use Only
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4. Source of Funds
OO
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5. Check Box If Disclosure of Legal Proceedings Is Required Pursuant
to Item 2(d) or 2(e)
[_]
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6. Citizenship or Place of Organization
Texas
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7. Sole Voting Power
0
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8. Shared Voting Power
0
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9. Sole Dispositive Power
0
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10. Shared Dispositive Power
10,995,500*
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11. Aggregate Amount Beneficially Owned by Reporting Person
10,995,500*
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12. Check Box If the Aggregate Amount in Row (11) Excludes Certain Shares
[_]
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13. Percent of Class Represented by Amount in Row (11)
21.0%
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14. Type of Reporting Person
OO
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* Includes 8,500 shares that may be acquired by the Estate of Gordon A. Cain
within 60 days upon exercise of stock options
-2-
CUSIP NO. 528872 10 4
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1. Names of Reporting Person
Mary H. Cain
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2. Check the Appropriate Box If A Member of a Group (See Instructions)
(a) [_]
(b) [_]
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3. SEC Use Only
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4. Source of Funds (See Instructions)
00
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5. Check Box If Disclosure of Legal Proceedings Is Required Pursuant
to Items 2(d) or 2(e) [_]
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6. Citizenship or Place of Organization
United States of America
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7. Sole Voting Power
0
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8. Shared Voting Power
2,000,000*
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9. Sole Dispositive Power
0
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10. Shared Dispositive Power
12,995,500*
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11. Aggregate Amount Beneficially Owned by Reporting Person
12,995,500*
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12. Check Box If the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions) [_]
--------------------------------------------------------------------------------
13. Percent of Class Represented by Amount in Row (11)
24.8%
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14. Type of Reporting Person
IN
--------------------------------------------------------------------------------
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* 10,987,000 of these shares are owned, and 8,500 of these shares can be
acquired within 60 days upon exercise of stock options, by the Estate of
Gordon A. Cain, of which Mary H. Cain is a co-executor.
2,000,000 of these shares are owned by the Gordon and Mary Cain
Foundation, of which Mary H. Cain is the Chairman.
3
CUSIP NO. 528872 10 4
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1. Name of Reporting Person
James D. Weaver
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2. Check the Appropriate Box If A Member of a Group
(a) [_]
(b) [_]
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3. SEC Use Only
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4. Source of Funds
OO
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5. Check Box If Disclosure of Legal Proceedings Is Required Pursuant
to Item 2(d) or 2(e)
[_]
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6. Citizenship or Place of Organization
United States of America
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7. Sole Voting Power
15,000
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8. Shared Voting Power
2,000,000*
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9. Sole Dispositive Power
15,000
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10. Shared Dispositive Power
12,995,500*
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11. Aggregate Amount Beneficially Owned by Reporting Person
13,010,500*
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12. Check Box If the Aggregate Amount in Row (11) Excludes Certain Shares
[_]
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13. Percent of Class Represented by Amount in Row (11)
24.8%
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14. Type of Reporting Person
IN
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* 10,987,000 of these shares are owned, and 8,500 of these shares can be
acquired within 60 days upon exercise of stock options, by the Estate of
Gordon A. Cain, of which James D. Weaver is a co-executor.
2,000,000 of these shares are owned by the Gordon and Mary Cain Foundation,
of which James D. Weaver is the President.
4
CUSIP NO. 528872 10 4
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1. Name of Reporting Person
William A. McMinn
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2. Check the Appropriate Box If A Member of a Group
(a) [_]
(b) [_]
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3. SEC Use Only
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4. Source of Funds
OO
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5. Check Box If Disclosure of Legal Proceedings Is Required Pursuant
to Item 2(d) or 2(e)
[_]
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6. Citizenship or Place of Organization
United States of America
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7. Sole Voting Power
12,054,591*
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8. Shared Voting Power
0
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9. Sole Dispositive Power
1,059,091
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10. Shared Dispositive Power
0
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11. Aggregate Amount Beneficially Owned by Reporting Person
12,054,591*
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12. Check Box If the Aggregate Amount in Row (11) Excludes Certain Shares
[_]
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13. Percent of Class Represented by Amount in Row (11)
23.0%
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14. Type of Reporting Person
IN
--------------------------------------------------------------------------------
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* 10,987,000 of these shares are owned, and 8,500 of these shares can be
acquired within 60 days upon exercise of stock options, by the Estate of
Gordon A. Cain, of which William A. McMinn was granted voting rights
pursuant to an irrevocable voting proxy dated May 7, 1998 between Gordon A.
Cain and William A. McMinn.
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STATEMENT ON SCHEDULE 13D
Item 1. Security and Issuer
The class of equity securities to which this statement on Schedule 13D
relates is the Common Stock, par value $0.001 per share (the "Common Stock"), of
Lexicon Genetics Incorporated (the "Issuer"), a Delaware corporation, with its
principal executive offices located at 4000 Research Forest Drive, The
Woodlands, Texas 77381.
Item 2. Identity and Background
(a)-(b) This statement is being filed on behalf of the Estate of Gordon A.
Cain (the "Estate") by each of Mary H. Cain and James D. Weaver, co-executors of
the Estate, and William A. McMinn. The address of Mary H. Cain, James D. Weaver
and William A. McMinn is: Gordon Cain and Associates, 8 Greenway Plaza, Suite
702, Houston, Texas 77046.
(c) Mrs. Cain currently is not employed. Mr. Weaver is the President of the
Gordon and Mary Cain Foundation. Mr. McMinn is currently a director of the
Issuer. Both Mr. Weaver's and Mr. McMinn's business address is Gordon Cain and
Associates, 8 Greenway Plaza, Suite 702, Houston, Texas 77046.
(d)-(e) During the last five years, neither Mrs. Cain, Mr. Weaver nor Mr.
McMinn has been (a) convicted in a criminal proceeding (excluding traffic
violations or similar misdemeanors) or (b) a party to a civil proceeding of a
judicial or administrative body of competent jurisdiction and as a result of
such proceedings, was or is subject to a judgment, decree or final order
enjoining future violations of, or prohibiting or mandating activities subject
to, federal or state securities laws or finding any violations in respect to
such laws.
(f) Mrs. Cain, Mr. Weaver and Mr. McMinn are citizens of the United States
of America.
Item 3. Source and Amount of Funds or Other Consideration
This Schedule 13D is being filed as a result of Mr. Cain's death. The
Estate acquired the securities by operation of law upon the death of Mr. Cain.
Mr. McMinn was granted voting rights upon the death of Mr. Cain pursuant to an
irrevocable voting proxy described in Item 6. This irrevocable voting proxy will
only remain in effect until the distribution of the Shares to the heirs or
devisees of Mr. Cain. Therefore, this item is not applicable.
Item 4. Purpose of Transaction
On October 22, 2002, Gordon A. Cain died. At the time of his death,
Mr. Cain beneficially owned 10,995,500 shares of Common Stock (the "Shares").
The Estate now beneficially owns the Shares. The co-executors of the Estate, as
appointed by the Clerk of Probate Court No. 2, Harris County, Texas on
November 20, 2002, are Mrs. Mary H. Cain, the wife of Mr. Cain, and Mr. James D.
Weaver, the stepson of Mr. Cain. Mr. McMinn was granted the voting rights of the
Shares upon Mr. Cain's death pursuant to the irrevocable voting proxy described
in Item 6.
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Neither the Estate nor Mr. McMinn has any plans or proposals with respect
to the Shares which relate to or that would result in any of the actions or
transactions specified in clauses (a) through (j) of Item 4 of Schedule 13D.
Item 5. Interest in Securities of the Issuer
(a)-(b) The response of each of Mrs. Cain, Mr. Weaver and Mr. McMinn with
respect to rows 7 through 13 of the cover page to this Schedule 13D are
incorporated by reference.
(c) During the 60 days preceding the date of this report, neither Mrs.
Cain, Mr. Weaver nor Mr. McMinn has effected any transactions involving the
Shares.
(d) Mary H. Cain and James D. Weaver, as co-executors of the Estate, share
dispositive authority over the Shares. Mr. McMinn has sole voting authority of
the Shares pursuant to the irrevocable voting proxy described in Item 6.
(e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to
Securities of the Issuer
Pursuant to an Agreement and Irrevocable Proxy dated as of May 7, 1998,
between Gordon A. Cain and William A. McMinn, Mr. Cain granted an irrevocable
voting proxy for all the shares of Common Stock beneficially owned by Mr. Cain
in the event of Mr. Cain's death. This irrevocable voting proxy will remain in
effect until the distribution of such Shares to the heirs or devisees of Mr.
Cain.
Item 7. Material to be Filed as Exhibits.
Exhibit I - Joint Filing Agreement.
Exhibit II - Agreement and Irrevocable Proxy granted by Gordon A. Cain to
William A. McMinn, dated May 7, 1998.
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SIGNATURE
After reasonable inquiry and to the best of the undersigned's knowledge and
belief, the undersigned hereby certifies that the information set forth in this
statement is true, complete and correct.
Dated: March 13, 2003
ESTATE OF GORDON A. CAIN
By: /S/ MARY H. CAIN
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Mary H. Cain
Co-Executor
By: /S/ JAMES D. WEAVER
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James D. Weaver
Co-Executor
/S/ MARY H. CAIN
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Mary H. Cain
/S/ JAMES D. WEAVER
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James D. Weaver
/S/ WILLIAM A. MCMINN
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William A. McMinn
8