David Mott - Nov 17, 2022 Form 4 Insider Report for ARDELYX, INC. (ARDX)

Role
Director
Signature
/s/ Elizabeth Grammer, Attorney-in-Fact for David Mott
Stock symbol
ARDX
Transactions as of
Nov 17, 2022
Transactions value $
$1,000,642
Form type
4
Date filed
11/17/2022, 03:07 PM
Previous filing
Aug 16, 2022
Next filing
Apr 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARDX Common Stock Purchase $1M +567K +94.54% $1.76 1.17M Nov 17, 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.65 per share to $1.78 per share, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F2 The Reporting Person holds 87,566 shares for the benefit of entities associated with New Enterprise Associates and disclaims beneficial ownership of such shares, except to the extent of his actual pecuniary interest therein.