4//SEC Filing
GRAMMER ELIZABETH A 4
Accession 0001610717-24-000235
CIK 0001437402other
Filed
May 8, 8:00 PM ET
Accepted
May 9, 4:03 PM ET
Size
13.7 KB
Accession
0001610717-24-000235
Insider Transaction Report
Form 4
ARDELYX, INC.ARDX
GRAMMER ELIZABETH A
See Remarks
Transactions
- Exercise/Conversion
Common Stock
2024-05-06$0.99/sh+110,250$109,148→ 378,243 total - Exercise/Conversion
Common Stock
2024-05-06$2.75/sh+109,687$301,639→ 487,930 total - Sale
Common Stock
2024-05-06$8.88/sh−219,937$1,952,381→ 203,760 total - Sale
Common Stock
2024-05-06$8.87/sh−64,233$569,837→ 423,697 total - Exercise/Conversion
Stock Option (Right to Buy)
2024-05-06−110,250→ 85,750 totalExercise: $0.99Exp: 2032-01-06→ Common Stock (110,250 underlying) - Exercise/Conversion
Stock Option (Right to Buy)
2024-05-06−109,687→ 241,313 totalExercise: $2.75Exp: 2033-01-05→ Common Stock (109,687 underlying)
Footnotes (3)
- [F1]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.
- [F2]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.
- [F3]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.
Documents
Issuer
ARDELYX, INC.
CIK 0001437402
Entity typeother
Related Parties
1- filerCIK 0001213041
Filing Metadata
- Form type
- 4
- Filed
- May 8, 8:00 PM ET
- Accepted
- May 9, 4:03 PM ET
- Size
- 13.7 KB