David P. Rosenbaum - 20 May 2021 Form 4 Insider Report for ARDELYX, INC. (ARDX)

Role
Chief Development Officer
Signature
/s/ Elizabeth Grammer, Attorney-in-Fact for David Rosenbaum
Issuer symbol
ARDX
Transactions as of
20 May 2021
Net transactions value
-$5,451
Form type
4
Filing time
21 May 2021, 16:49:09 UTC
Next filing
02 Jun 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARDX Common Stock Sale $4,338 -612 -0.38% $7.09 159,435 20 May 2021 Direct F1
transaction ARDX Common Stock Sale $1,113 -157 -0.52% $7.09 29,812 20 May 2021 By Wife F1, F2
holding ARDX Common Stock 77,592 20 May 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 the Reporting Person's wife.
F3 The shares are directly held by David Paul Rosenbaum and Susan Edelstein Rosenbaum, Trustees of the David Paul Rosenbaum Family Trust.