Foster Eric Duane 4
4 · ARDELYX, INC. · Filed Aug 16, 2024
Insider Transaction Report
Form 4
ARDELYX, INC.ARDX
Foster Eric Duane
Chief Commercial Officer
Transactions
- Award
Common Stock
2024-08-08+180,000→ 180,000 total - Award
Stock Option (Right to Buy)
2024-08-08+230,000→ 230,000 totalExercise: $5.87Exp: 2034-08-08→ Common Stock (230,000 underlying)
Footnotes (2)
- [F1]Consists of 180,000 Restricted stock units ("RSUs"). The Reporting Person is entitled to receive one (1) shares of Common Stock for each one (1) RSU upon the vesting thereof.
- [F2]Twenty Five Percent (25%) of the shares subject to the option vest on August 8, 2025 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.