Michael Raab - Jun 6, 2022 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
Jun 6, 2022
Transactions value $
-$67,416
Form type
4
Date filed
6/8/2022, 08:00 PM
Previous filing
May 23, 2022
Next filing
Jun 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARDX Common Stock Sale -$66.1K -101K -13.14% $0.65 671K Jun 6, 2022 Direct F1
transaction ARDX Common Stock Sale -$1.36K -2.14K -0.32% $0.64 669K Jun 6, 2022 Direct F1
holding ARDX Common Stock 24.4K Jun 6, 2022 Family Trust F2
holding ARDX Common Stock 1K Jun 6, 2022 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.