4//SEC Filing
Rosenbaum David P. 4
Accession 0001628280-24-037942
CIK 0001437402other
Filed
Aug 19, 8:00 PM ET
Accepted
Aug 20, 6:59 PM ET
Size
11.9 KB
Accession
0001628280-24-037942
Insider Transaction Report
Form 4
ARDELYX, INC.ARDX
Rosenbaum David P.
SVP, Drug Development
Transactions
- Sale
Common Stock
2024-08-20$6.00/sh−20,507$123,042→ 158,502 total(indirect: By Spouse) - Sale
Common Stock
2024-08-16$5.94/sh−20,000$118,740→ 356,479 total - Exercise/Conversion
Stock Option (Right to Buy)
2024-08-20−20,507→ 49,806 total(indirect: By Spouse)Exercise: $0.99Exp: 2032-01-06→ Common Stock (20,507 underlying) - Exercise/Conversion
Common Stock
2024-08-20$0.99/sh+20,507$20,302→ 179,009 total(indirect: By Spouse)
Holdings
- 77,592(indirect: By Trust)
Common Stock
Footnotes (5)
- [F1]Transaction made pursuant to a 10b5-1 trading plan adopted by the Reporting Person on May 17, 2024.
- [F2]Transaction was executed in multiple trades in prices ranging from $5.92 to $5.97, 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.
- [F3]The shares are directly held by the Reporting Person's wife.
- [F4]The shares are directly held by David Paul Rosenbaum and Susan Edelstein Rosenbaum, Trustees of the David Paul Rosenbaum Family Trust.
- [F5]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 0001611311
Filing Metadata
- Form type
- 4
- Filed
- Aug 19, 8:00 PM ET
- Accepted
- Aug 20, 6:59 PM ET
- Size
- 11.9 KB