Williams Laura A 4
4 · ARDELYX, INC. · Filed Jun 7, 2024
Insider Transaction Report
Form 4
ARDELYX, INC.ARDX
Williams Laura A
See Remarks
Transactions
- Exercise/Conversion
Stock Option (Right to Buy)
2024-06-05−100,000→ 251,000 totalExercise: $2.75Exp: 2033-01-05→ Common Stock (100,000 underlying) - Exercise/Conversion
Common Stock
2024-06-05$2.75/sh+100,000$275,000→ 467,152 total - Sale
Common Stock
2024-06-05$7.12/sh−45,000$320,580→ 422,152 total - Sale
Common Stock
2024-06-05$7.13/sh−100,000$712,500→ 322,152 total
Footnotes (2)
- [F1]This transaction was executed in multiple trades in prices ranging from $7.11 to $7.145, 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 5, 2023, subject to the Reporting Person's continued employment or service relationship with the Issuer on each such vesting date.