ARDELYX, INC. 4
4 · ARDELYX, INC. · Filed Feb 18, 2016
Insider Transaction Report
Form 4
ARDELYX, INC.ARDX
Kaufmann Mark
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2016-02-16$0.54/sh+5,000$2,700→ 6,282 total - Sale
Common Stock
2016-02-16$10.25/sh−5,000$51,272→ 1,282 total - Exercise/Conversion
Stock Option (Right to Buy)
2016-02-16−5,000→ 115,894 totalExercise: $0.54Exp: 2021-08-11→ Common Stock (5,000 underlying)
Footnotes (3)
- [F1]Transaction made pursuant to a 10b5-1 trading plan adopted by the Reporting Person on November 17, 2015.
- [F2]This transaction was executed in multiple trades in prices ranging from $10.14 to $10.37, inclusive. The price reported in Column 4 above reflects the weighted average sales 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.
- [F3]The option is fully vested and exercisable.