4//SEC Filing
Blanks Robert 4
Accession 0001628280-23-023651
CIK 0001437402other
Filed
Jun 26, 8:00 PM ET
Accepted
Jun 27, 6:40 PM ET
Size
9.3 KB
Accession
0001628280-23-023651
Insider Transaction Report
Form 4
ARDELYX, INC.ARDX
Blanks Robert
See Remarks
Transactions
- Exercise/Conversion
Common Stock
2023-06-23$3.42/sh+33,333$113,999→ 299,467 total - Sale
Common Stock
2023-06-23$3.63/sh−33,333$121,042→ 266,134 total - Exercise/Conversion
Stock Option (Right to Buy)
2023-06-23−33,333→ 0 totalExercise: $3.42From: 2014-07-18Exp: 2023-07-18→ Common Stock (33,333 underlying)
Footnotes (3)
- [F1]This transaction relates an option that would have expired on July 18, 2023 and does not result in a reduction of shares held outright by the Reporting Person. The shares acquired upon the exercise of the option were sold pursuant to a Rule 10b5-1 stock trading plan adopted by the Reporting Person on March 24, 2023. accordingly, the Reporting Person had no discretion with regard to the timing of the transaction.
- [F2]This transaction was executed in multiple trades in prices ranging from $3.62 to $3.70, 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, which was granted on July 18, 2013, and has an expiration date of July 18, 2023, is fully vested and exercisable.
Documents
Issuer
ARDELYX, INC.
CIK 0001437402
Entity typeother
Related Parties
1- filerCIK 0001815433
Filing Metadata
- Form type
- 4
- Filed
- Jun 26, 8:00 PM ET
- Accepted
- Jun 27, 6:40 PM ET
- Size
- 9.3 KB