Filing Details

Accession Number:
0001610717-24-000235
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-05-09 16:03:10
Reporting Period:
2024-05-06
Accepted Time:
2024-05-09 16:03:10
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
1213041 A Elizabeth Grammer C/O Ardelyx, Inc.
400 Fifth Avenue, Suite 210
Waltham MA 02451
See Remarks No No No 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 Acquisiton 2024-05-06 110,250 $0.99 378,243 No 4 M Direct
Common Stock Acquisiton 2024-05-06 109,687 $2.75 487,930 No 4 M Direct
Common Stock Disposition 2024-05-06 64,233 $8.87 423,697 No 4 S Direct
Common Stock Disposition 2024-05-06 219,937 $8.88 203,760 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (Right to Buy) Disposition 2024-05-06 110,250 $0.00 110,250 $0.99
Common Stock Stock Option (Right to Buy) Disposition 2024-05-06 109,687 $0.00 109,687 $2.75
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
85,750 2032-01-06 No 4 M Direct
241,313 2033-01-05 No 4 M Direct
Footnotes
  1. This transaction was executed in multiple trades in prices ranging from $8.63 to $9.04, inclusive. The price reported in Column 4 above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
  2. The option becomes exercisable as it vests and the shares subject to the option vest in 48 successive, equal monthly installments on each monthly anniversary of January 6, 2022, subject to the Reporting Person's continued employment or service relationship with the Issuer on each such vesting date.
  3. The option becomes exercisable as it vests and the shares subject to the option vest in 48 successive, equal monthly installments on each monthly anniversary of January 5, 2023, subject to the Reporting Person's continued employment or service relationship with the Issuer on each such vesting date.