Filing Details

Accession Number:
0001209191-21-071294
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-12-27 17:40:55
Reporting Period:
2021-12-09
Accepted Time:
2021-12-27 17:40:55
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 2021-12-09 397,124 $1.51 7,689,277 No 4 S Indirect See Note 2
Common Stock Disposition 2021-12-09 127,826 $1.51 2,476,756 No 4 S Indirect See Note 3
Common Stock Disposition 2021-12-09 144,533 $1.51 2,798,066 No 4 S Indirect See Note 4
Common Stock Disposition 2021-12-14 593,612 $1.24 7,095,665 No 4 S Indirect See Note 2
Common Stock Disposition 2021-12-14 191,074 $1.24 2,285,682 No 4 S Indirect See Note 3
Common Stock Disposition 2021-12-14 216,049 $1.24 2,582,017 No 4 S Indirect See Note 4
Common Stock Disposition 2021-12-15 888,185 $1.14 6,207,480 No 4 S Indirect See Note 2
Common Stock Disposition 2021-12-15 323,167 $1.14 2,258,850 No 4 S Indirect See Note 4
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See Note 2
No 4 S Indirect See Note 3
No 4 S Indirect See Note 4
No 4 S Indirect See Note 2
No 4 S Indirect See Note 3
No 4 S Indirect See Note 4
No 4 S Indirect See Note 2
No 4 S Indirect See Note 4
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 47 Indirect See Note 5
Common Stock 47 Indirect See Note 6
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.50 to $1.58, 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 (1) to this Form 4.
  2. The Reporting Person is a manager of NEA 12 GP, LLC, which is the sole general partner of NEA Partners 12, Limited Partnership ("NEA Partners 12"). NEA Partners 12 is the sole general partner of New Enterprise Associates 12, Limited Partnership ("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 securities in which the Reporting Person has no pecuniary interest.
  3. 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 New Enterprise Associates 15, L.P. ("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 securities in which the Reporting Person has no pecuniary interest.
  4. 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 15 Opportunity Fund, L.P. ("NEA 15-OF"), 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-OF securities in which the Reporting Person has no pecuniary interest.
  5. The securities are directly held by Genevieve P. Hardigg, as trustee of the Jennifer Ayer Sandell Rising River Trust, dated December 20, 2012 (the "Jennifer Ayer Sandell Rising River Trust"). The Reporting Person disclaims beneficial ownership within the meaning of Section 16 of the 1934 Act, as amended, or otherwise of such portion of the Jennifer Ayer Sandell Rising River Trust securities in which the Reporting Person has no pecuniary interest.
  6. The securities are directly held by Genevieve P. Hardigg, as trustee of the Scott Sandell Rising River Trust, dated December 20, 2012 (the "Scott Sandell Rising River Trust"). The Reporting Person disclaims beneficial ownership within the meaning of Section 16 of the 1934 Act, as amended, or otherwise of such portion of the Scott Sandell Rising River Trust securities in which the Reporting Person has no pecuniary interest.