ARDELYX, INC. 4
4 · ARDELYX, INC. · Filed Jun 12, 2015
Insider Transaction Report
Form 4
ARDELYX, INC.ARDX
SCHULTZ PETER G
Director
Transactions
- Award
Common Stock
2015-06-11+2,910→ 910,339 total - Award
Stock Option (Right to Buy)
2015-06-11+15,000→ 15,000 totalExercise: $14.60Exp: 2025-06-11→ Common Stock (15,000 underlying)
Footnotes (3)
- [F1]The shares were issued pursuant to the Issuer's Non-Employee Director Compensation Program. The Reporting Person elected to receive stock in lieu of cash as permitted under the program.
- [F2]The option was issued pursuant to the Issuer's Non-Employee Director Compensation Program.
- [F3]The option vests with respect to 1/12th of the shares subject thereto on each monthly anniversary of the grant date, which vesting will accelerate in full on the date of the next annual stockholder's meeting to the extent unvested as of such date, subject to continued service through each applicable vesting date.