SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Aryeh Jason

(Last)

(First)

(Middle)

C/O MYREXIS, INC.

305 CHIPETA WAY

(Street)

SALT LAKE CITY

84108

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Myrexis, Inc. [ MYRX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/17/2012

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	03/17/2012		X		2,000	A	$5	497,536	I	By JALAA Equities, LP⁽¹⁾
Common Stock								9,900	I	By Trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Put Option (Obligation to Buy)⁽²⁾	$5	03/17/2012		X			10⁽²⁾	08/19/2011	03/17/2012⁽³⁾	Common Stock	1,000	$0	0	I	By JALAA Equities, LP⁽¹⁾
Put Option (Obligation to Buy)⁽²⁾	$5	03/17/2012		X			10⁽²⁾	08/24/2011	03/17/2012⁽³⁾	Common Stock	1,000	$0	0	I	By JALAA Equities, LP⁽¹⁾
Put Option (Obligation to Buy)⁽²⁾	$2.5	03/17/2012		E	V		20⁽²⁾	08/26/2011	03/17/2012⁽³⁾	Common Stock	2,000	$0	0	I	By JALAA Equities, LP⁽¹⁾

Explanation of Responses:

1. The Reporting Person is the founder and general partner of JALAA Equities, LP.

2. Represents exchange-traded option contracts obligating JALAA Equities, LP to purchase shares of the Issuer's Common Stock at the exercise price upon exercise of the option by the holder of the option at any time through the expiration date. 100 shares of the Issuer's Common Stock underlies each option contract.

3. The Expiration Date reported above corrects the Expiration Date of 3/16/12 reported in the Reporting Person's Form 3 filed on October 21, 2011.

	/s/ Ann Margaret Eames, Attorney-in-Fact	03/20/2012
	** Signature of Reporting Person	Date
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 4 (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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