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4//SEC Filing

RAAB MICHAEL 4

Accession 0001628280-25-008796

CIK 0001437402other

Filed

Feb 26, 7:00 PM ET

Accepted

Feb 27, 6:00 PM ET

Size

8.9 KB

Accession

0001628280-25-008796

Insider Transaction Report

Form 4
Period: 2025-02-25
RAAB MICHAEL
DirectorPresident & CEO
Transactions
  • Award

    Common Stock

    2025-02-25+570,2171,655,972 total
  • Award

    Stock Option (Right to Buy)

    2025-02-25+855,326855,326 total
    Exercise: $5.18Exp: 2035-02-25Common Stock (855,326 underlying)
Holdings
  • Common Stock

    (indirect: By Trust)
    24,364
  • Common Stock

    (indirect: By Trust)
    1,000
Footnotes (4)
  • [F1]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]The shares are directly held by Michael G. Raab, Trustee of the Michael G. Raab Living Trust dated July 25, 2012.
  • [F3]The shares are owned directly by trusts for the benefit of the Reporting Person's children.
  • [F4]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 February 25, 2025, subject to the Reporting Person's continued employment or service relationship with the Issuer on each such vesting date.

Issuer

ARDELYX, INC.

CIK 0001437402

Entity typeother

Related Parties

1
  • filerCIK 0001321402

Filing Metadata

Form type
4
Filed
Feb 26, 7:00 PM ET
Accepted
Feb 27, 6:00 PM ET
Size
8.9 KB