4//SEC Filing
Felsch Robert Ora 4
Accession 0001610717-24-000236
CIK 0001437402other
Filed
May 8, 8:00 PM ET
Accepted
May 9, 4:03 PM ET
Size
13.8 KB
Accession
0001610717-24-000236
Insider Transaction Report
Form 4
ARDELYX, INC.ARDX
Felsch Robert Ora
See Remarks
Transactions
- Exercise/Conversion
Common Stock
2024-05-06$2.75/sh+40,000$110,000→ 303,935 total - Sale
Common Stock
2024-05-06$8.81/sh−152,988$1,347,503→ 150,947 total - Sale
Common Stock
2024-05-06$8.80/sh−55,000$484,000→ 95,947 total - Exercise/Conversion
Stock Option (Right to Buy)
2024-05-06−79,101→ 61,525 totalExercise: $0.84Exp: 2032-02-01→ Common Stock (79,101 underlying) - Exercise/Conversion
Stock Option (Right to Buy)
2024-05-06−40,000→ 80,000 totalExercise: $2.75Exp: 2033-01-05→ Common Stock (40,000 underlying) - Exercise/Conversion
Common Stock
2024-05-06$0.84/sh+79,101$66,445→ 263,935 total
Footnotes (3)
- [F1]This transaction was executed in multiple trades in prices ranging from $8.63 to $9.01, 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.
- [F2]Twenty Five Percent (25%) of the shares subject to the option vest on February 1, 2023 and the remaining shares subject to the option vest in 36 successive, equal monthly installments thereafter, 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 0001917819
Filing Metadata
- Form type
- 4
- Filed
- May 8, 8:00 PM ET
- Accepted
- May 9, 4:03 PM ET
- Size
- 13.8 KB