Michael Raab - May 20, 2021 Form 4 Insider Report for ARDELYX, INC. (ARDX)

Role
President & CEO, Director
Signature
/s/ Elizabeth Grammer, Attorney-in-Fact for Michael Raab
Stock symbol
ARDX
Transactions as of
May 20, 2021
Transactions value $
-$17,960
Form type
4
Date filed
5/21/2021, 04:47 PM
Previous filing
May 20, 2021
Next filing
Jun 14, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARDX Common Stock Sale -$18K -2.53K -1.17% $7.09 215K May 20, 2021 Direct F1
holding ARDX Common Stock 24.4K May 20, 2021 Family Trust F2
holding ARDX Common Stock 1K May 20, 2021 Family Trust F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to an automatic sell-to-cover imposed by the terms of the initial grant of the restricted stock units ("RSUs") awards, the shares were sold upon the vesting of the RSUs solely to cover applicable withholding taxes.
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.