Elizabeth Grammer - May 21, 2024 Form 4 Insider Report for ARDELYX, INC. (ARDX)

Role
Chief Legal and Administrative Officer
Signature
/s/ Elizabeth Grammer
Stock symbol
ARDX
Transactions as of
May 21, 2024
Transactions value $
-$54,107
Form type
4
Date filed
5/23/2024, 04:10 PM
Previous filing
May 9, 2024
Next filing
Jun 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARDX Common Stock Sale -$54.1K -6.93K -3.36% $7.81 199K May 21, 2024 Direct F1, F2
* 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 Reflects the adjusted total which includes the purchase of 2,636 shares under the Ardelyx Employee Stock Purchase Plan in February 2024.

Remarks:

Chief Legal and Administrative Officer