Filing Details

Accession Number:
0001209191-20-036368
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-06-12 17:40:32
Reporting Period:
2020-06-10
Accepted Time:
2020-06-12 17:40:32
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1437402 Ardelyx Inc. ARDX () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1237289 D Scott Sandell 1954 Greenspring Drive
Suite 600
Timonium MD 21093
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2020-06-10 1,482,809 $0.00 8,086,401 No 4 J Indirect See Note 2
Common Stock Acquisiton 2020-06-10 455,222 $0.00 455,222 No 4 J Indirect See Note 4
Common Stock Disposition 2020-06-10 455,222 $0.00 0 No 4 J Indirect See Note 4
Common Stock Disposition 2020-06-10 477,604 $0.00 2,604,582 No 4 J Indirect See Note 7
Common Stock Acquisiton 2020-06-10 7,164 $0.00 7,164 No 4 J Indirect See Note 9
Common Stock Disposition 2020-06-10 7,164 $0.00 0 No 4 J Indirect See Note 9
Common Stock Disposition 2020-06-10 539,587 $0.00 2,942,599 No 4 J Indirect See Note 12
Common Stock Acquisiton 2020-06-10 8,094 $0.00 8,094 No 4 J Indirect See Note 14
Common Stock Disposition 2020-06-10 8,094 $0.00 0 No 4 J Indirect See Note 14
Common Stock Acquisiton 2020-06-10 83,237 $0.00 83,237 No 4 J Indirect See Note 17
Common Stock Acquisiton 2020-06-10 43 $0.00 83,280 No 4 J Indirect See Note 17
Common Stock Acquisiton 2020-06-10 3,369 $0.00 86,649 No 4 J Indirect See Note 17
Common Stock Acquisiton 2020-06-10 3,377 $0.00 90,026 No 4 J Indirect See Note 17
Common Stock Acquisiton 2020-06-10 13,305 $0.00 13,305 No 4 J Indirect See Note 22
Common Stock Acquisiton 2020-06-10 294 $0.00 13,599 No 4 J Indirect See Note 22
Common Stock Acquisiton 2020-06-10 659 $0.00 14,258 No 4 J Indirect See Note 22
Common Stock Acquisiton 2020-06-10 47 $0.00 47 No 4 J Indirect See Note 26
Common Stock Acquisiton 2020-06-10 47 $0.00 47 No 4 J Indirect See Note 28
Common Stock Disposition 2020-06-11 44,991 $6.32 45,035 No 4 S Indirect See Note 17
Common Stock Disposition 2020-06-12 44,992 $6.42 43 No 4 S Indirect See Note 17
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 J Indirect See Note 2
No 4 J Indirect See Note 4
No 4 J Indirect See Note 4
No 4 J Indirect See Note 7
No 4 J Indirect See Note 9
No 4 J Indirect See Note 9
No 4 J Indirect See Note 12
No 4 J Indirect See Note 14
No 4 J Indirect See Note 14
No 4 J Indirect See Note 17
No 4 J Indirect See Note 17
No 4 J Indirect See Note 17
No 4 J Indirect See Note 17
No 4 J Indirect See Note 22
No 4 J Indirect See Note 22
No 4 J Indirect See Note 22
No 4 J Indirect See Note 26
No 4 J Indirect See Note 28
No 4 S Indirect See Note 17
No 4 S Indirect See Note 17
Footnotes
  1. New Enterprise Associates 12, Limited Partnership ("NEA 12") made a pro rata distribution for no consideration of an aggregate of 1,482,809 shares of Common Stock of the Issuer to its general partner and its limited partners on June 10, 2020.
  2. The Reporting Person is a manager of NEA 12 GP, LLC ("NEA 12 GP"), which is the sole general partner of NEA Partners 12, Limited Partnership ("NEA Partners 12"). NEA Partners 12 is the sole general partner of NEA 12, which is the direct beneficial owner of the securities. The Reporting Person disclaims beneficial ownership, within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the NEA 12 shares in which the Reporting Person has no pecuniary interest.
  3. NEA Partners 12 received 455,222 shares of Common Stock of the Issuer in the distribution by NEA 12 on June 10, 2020.
  4. The Reporting Person is a manager of NEA 12 GP, which is the sole general partner of NEA Partners 12, the direct beneficial owner of the securities. The Reporting Person disclaims beneficial ownership, within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the NEA Partners 12 shares in which the Reporting Person has no pecuniary interest.
  5. NEA Partners 12 made a pro rata distribution for no consideration of an aggregate of 455,222 shares of Common Stock of the Issuer to its limited partners on June 10, 2020.
  6. New Enterprise Associates 15, L.P. ("NEA 15") made a pro rata distribution for no consideration of an aggregate of 477,604 shares of the Common Stock of the Issuer to its general partner and its limited partners on June 10, 2020.
  7. The Reporting Person is a manager of NEA 15 GP, LLC ("NEA 15 GP"), which is the sole general partner of NEA Partners 15, L.P. ("NEA Partners 15"). NEA Partners 15 is the sole general partner of NEA 15, the direct beneficial owner of the securities. The Reporting Person disclaims beneficial ownership within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the NEA 15 shares in which the Reporting Person has no pecuniary interest.
  8. NEA Partners 15 received 7,164 shares of Common Stock of the Issuer in the distribution by NEA 15 on June 10, 2020.
  9. The Reporting Person is a director of NEA 15 GP, which is the sole general partner of NEA Partners 15, the direct beneficial owner of the securities. The Reporting Person disclaims beneficial ownership, within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the NEA Partners 15 shares in which the Reporting Person has no pecuniary interest.
  10. NEA Partners 15 made a pro rata distribution for no consideration of an aggregate of 7,164 shares of Common Stock of the Issuer to its limited partners on June 10, 2020.
  11. NEA 15 Opportunity Fund, L.P. ("NEA Opportunity 15") made a pro rata distribution for no consideration of an aggregate of 539,587 shares of Common Stock of the Issuer to its general partner and its limited partners on June 10, 2020.
  12. The Reporting Person is a manager of NEA 15 GP, which is the sole general partner of NEA Partners 15-OF, L.P. ("NEA Partners 15-OF"). NEA Partners 15-OF is the sole general partner of NEA Opportunity 15, the direct beneficial owner of the securities. The Reporting Person disclaims beneficial ownership within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the securities held by NEA Opportunity 15 in which the Reporting Person has no pecuniary interest.
  13. NEA Partners 15-OF received 8,094 shares of Common Stock of the Issuer in the distribution by NEA Opportunity 15 on June 10, 2020.
  14. The Reporting Person is a director of NEA 15 GP, which is the sole general partner of NEA Partners 15-OF, the direct beneficial owner of thesecurities. The Reporting Person disclaims beneficial ownership, within the meaning of Section 16 of the Securities Exchange Act of 1934, asamended, or otherwise of such portion of the NEA Partners 15-OF shares in which the Reporting Person has no pecuniary interest.
  15. NEA Partners 15-OF made a pro rata distribution for no consideration of an aggregate of 8,094 shares of Common Stock of the Issuer to its limited partners on June 10, 2020.
  16. New Enterprise Associates, LLC ("NEA LLC") received 83,237 shares of Common Stock of the Issuer in the distribution by NEA Partners 12 on June 10, 2020.
  17. The Reporting Person is a member of the Board of Directors of NEA LLC, which is the direct beneficial owner of the shares. The Reporting Person disclaims beneficial ownership within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the NEA LLC shares in which the Reporting Person has no pecuniary interest.
  18. NEA LLC received 43 shares of Common Stock of the Issuer in the distribution by NEA 15 on June 10, 2020.
  19. NEA LLC received 3,369 shares of Common Stock of the Issuer in the distribution by NEA Partners 15 on June 10, 2020.
  20. NEA LLC received 3,377 shares of Common Stock of the Issuer in the distribution by NEA Partners 15-OF on June 10, 2020.
  21. Scott D. Sandell, as trustee of the Blue Mountain Trust, dated April 29, 2019 (the "Blue Mountain Trust") received 13,305 shares of Common Stock of the Issuer in the distribution by NEA Partners 12 on June 10, 2020.
  22. The securities are held directly by the Blue Mountain Trust. The Reporting Person disclaims beneficial ownership within the meaning of Section 16 of the 1934 Act, as amended, of such portion of the Blue Mountain Trust shares in which the Reporting Person has no pecuniary interest.
  23. The Blue Mountain Trust received 294 shares of Common Stock of the Issuer in the distribution by NEA Partners 15 on June 10, 2020.
  24. The Blue Mountain Trust received 659 shares of Common Stock of the Issuer in the distribution by NEA Partners 15-OF on June 10, 2020.
  25. Genevieve P. Hardigg, as trustee of the Jennifer Ayer Sandell Rising River Trust, dated December 20, 2012 (the "Jennifer Ayer Sandell Rising River Trust") received 47 shares of Common Stock of the Issuer in the distribution by NEA Partners 15 on June 10, 2020.
  26. The securities are held directly by the Jennifer Sandell Rising River Trust. The Reporting Person disclaims beneficial ownership within the meaning of Section 16 of the 1934 Act, as amended, of such portion of the Jennifer Sandell Rising River Trust shares in which the Reporting Person has no pecuniary interest.
  27. Genevieve P. Hardigg, as trustee of the Scott Sandell Rising River Trust, dated December 20, 2012 (the "Scott Sandell Rising River Trust") received 47 shares of Common Stock of the Issuer in the distribution by NEA Partners 15 on June 10, 2020.
  28. The securities are held directly by the Scott Sandell Rising River Trust. The Reporting Person disclaims beneficial ownership within the meaning of Section 16 of the 1934 Act, as amended, of such portion of the Scott Sandell Rising River Trust shares in which the Reporting Person has no pecuniary interest.
  29. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.21 to $6.495, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (29) to this Form 4.
  30. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.29 to $6.585, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (30) to this Form 4.