Kaufmann Mark 4
4 · ARDELYX, INC. · Filed Oct 8, 2019
Insider Transaction Report
Form 4
ARDELYX, INC.ARDX
Kaufmann Mark
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2019-10-07$0.54/sh+20,000$10,800→ 161,418 total - Sale
Common Stock
2019-10-07$4.56/sh−20,000$91,190→ 141,418 total - Exercise/Conversion
Stock Option (Right to Buy)
2019-10-07−20,000→ 95,894 totalExercise: $0.54Exp: 2021-08-11→ Common Stock (20,000 underlying)
Footnotes (4)
- [F1]Transaction made pursuant to a 10b5-1 trading plan adopted by the Reporting Person on September 5, 2019.
- [F2]This transaction was executed in multiple trades in prices ranging from $4.50 to $4.64, 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]Reflects the adjusted total which includes the purchase of 2,330 shares under the Ardelyx Employee Stock Purchase Plan on August 31, 2019
- [F4]The option is fully vested and exercisable.