4//SEC Filing
Renz Justin A 4
Accession 0001628280-23-042828
CIK 0001437402other
Filed
Dec 27, 7:00 PM ET
Accepted
Dec 28, 5:44 PM ET
Size
9.2 KB
Accession
0001628280-23-042828
Insider Transaction Report
Form 4
ARDELYX, INC.ARDX
Renz Justin A
Chief Financial Officer
Transactions
- Sale
Common Stock
2023-12-26$6.36/sh−225,000$1,430,123→ 182,426 total - Exercise/Conversion
Common Stock
2023-12-26$0.99/sh+75,000$74,250→ 407,426 total - Exercise/Conversion
Stock Option (Right to Buy)
2023-12-26−75,000→ 121,000 totalExercise: $0.99Exp: 2032-01-06→ Common Stock (75,000 underlying)
Footnotes (3)
- [F1]Transaction made pursuant to a 10b5-1 trading plan adopted by the Reporting Person on September 12, 2023.
- [F2]This transaction was executed in multiple trades in prices ranging from $6.28 to $6.45, 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 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.
Documents
Issuer
ARDELYX, INC.
CIK 0001437402
Entity typeother
Related Parties
1- filerCIK 0001466562
Filing Metadata
- Form type
- 4
- Filed
- Dec 27, 7:00 PM ET
- Accepted
- Dec 28, 5:44 PM ET
- Size
- 9.2 KB