ARDELYX, INC. 4
4 · ARDELYX, INC. · Filed Jun 9, 2015
Insider Transaction Report
Form 4
ARDELYX, INC.ARDX
DRANT RYAN D
10% Owner
Transactions
- Purchase
Common Stock
2015-06-05$10.70/sh+1,869,159$20,000,001→ 7,488,893 total(indirect: See Note 1) - Purchase
Common Stock Warrant (right to buy)
2015-06-05$0.13/sh+560,748$70,094→ 560,748 total(indirect: See Note 1)Exercise: $13.91From: 2015-06-05Exp: 2020-06-05→ Common Stock (560,748 underlying)
Holdings
- 533
Common Stock
- 59(indirect: See Note 2)
Common Stock
Footnotes (3)
- [F1]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 New Enterprise Associates 12, Limited Partnership ("NEA 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 securities held by NEA 12 in which the Reporting Person has no pecuniary interest.
- [F2]The securities are directly held by the Ryan Drant 2006 Family Trust. 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 of the Issuer held by the Ryan Drant 2006 Family Trust in which the Reporting Person has no pecuniary interest.
- [F3]Acquired from the issuer pursuant to a Securities Purchase Agreement dated June 2, 2015, with a closing date of June 5, 2015.