4//SEC Filing
RAAB MICHAEL 4
Accession 0001628280-25-022355
CIK 0001437402other
Filed
May 4, 8:00 PM ET
Accepted
May 5, 8:14 PM ET
Size
10.7 KB
Accession
0001628280-25-022355
Insider Transaction Report
Form 4
ARDELYX, INC.ARDX
RAAB MICHAEL
DirectorPresident & CEO
Transactions
- Exercise/Conversion
Common Stock
2025-05-02$0.99/sh+20,833$20,625→ 1,636,420 total - Exercise/Conversion
Stock Option (Right to Buy)
2025-05-02−20,833→ 415,834 totalExercise: $0.99Exp: 2032-01-06→ Common Stock (20,833 underlying) - Sale
Common Stock
2025-05-02$4.25/sh−41,666$177,168→ 1,594,754 total
Holdings
- 1,000(indirect: By Trust)
Common Stock
- 24,364(indirect: By Trust)
Common Stock
Footnotes (5)
- [F1]Transaction was made pursuant to a 10b5-1 trading plan adopted by the Reporting Person on September 4, 2024.
- [F2]Transaction was executed in multiple trades in prices ranging from $4.10 to $4.54, 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 Michael G. Raab, Trustee of the Michael G. Raab Living Trust dated July 25, 2012.
- [F4]The shares are owned directly by trusts for the benefit of the Reporting Person's children.
- [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 0001321402
Filing Metadata
- Form type
- 4
- Filed
- May 4, 8:00 PM ET
- Accepted
- May 5, 8:14 PM ET
- Size
- 10.7 KB