Elizabeth Grammer - Jun 6, 2022 Form 4 Insider Report for ARDELYX, INC. (ARDX)

Signature
/s/ Elizabeth Grammer
Stock symbol
ARDX
Transactions as of
Jun 6, 2022
Transactions value $
-$39,569
Form type
4
Date filed
6/8/2022, 08:01 PM
Previous filing
May 23, 2022
Next filing
Aug 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARDX Common Stock Sale -$38.8K -59.6K -18.9% $0.65* 256K Jun 6, 2022 Direct F1
transaction ARDX Common Stock Sale -$801 -1.26K -0.49% $0.64* 254K Jun 6, 2022 Direct F1
holding ARDX Common Stock 2.97K Jun 6, 2022 By Son
* 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.

Remarks:

Chief Legal and Administrative Officer