Robert Ora Felsch - Mar 10, 2022 Form 3 Insider Report for ARDELYX, INC. (ARDX)

Role
SVP Finance and Chief Accounting Officer
Signature
/s/ Elizabeth Grammer, Attorney-in-Fact for Robert Ora Felsch
Stock symbol
ARDX
Transactions as of
Mar 10, 2022
Transactions value $
$0
Form type
3
Date filed
3/18/2022, 04:05 PM
Next filing
Sep 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ARDX Common Stock 88.4K Mar 10, 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding ARDX Stock Option (Right to Buy) Mar 10, 2022 Common Stock 141K $0.84 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 30,000 Restricted stock units.
F2 Twenty Five Percent (25%) of the shares subject to the option vest on February 1, 2023 and the remaining shares subject to the option vest in 36 successive, equal monthly installments thereafter, subject to the Reporting Person's continued employment or service relationship with the Issuer on each such vesting date.

Remarks:

SVP Finance and Chief Accounting Officer