Elizabeth A. Grammer - 22 Nov 2022 Form 4 Insider Report for ARDELYX, INC. (ARDX)

Role: Chief Legal and Administrative Officer
Signature: /s/ Elizabeth Grammer
Issuer symbol: ARDX
Transactions as of: 22 Nov 2022
Net transactions value: -$2,421
Form type: 4
Filing time: 23 Nov 2022, 15:16:46 UTC
Previous filing: 01 Sep 2022
Next filing: 06 Jan 2023
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	$56.3	-29	-0.01%	$1.94	256,081	22 Nov 2022	Direct	F1
transaction	ARDX	Common Stock	Sale	$38.9	-20	-0.01%	$1.94	256,061	22 Nov 2022	Direct	F1
transaction	ARDX	Common Stock	Sale	$2,326	-1,193	-0.47%	$1.95	254,868	22 Nov 2022	Direct	F1
holding	ARDX	Common Stock						2,971	22 Nov 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