Joseph J. Reilly - 15 Nov 2024 Form 3 Insider Report for ARDELYX, INC. (ARDX)

Role
Officer
Signature
/s/ Elizabeth Grammer, Attorney-in-Fact for Joseph J. Reilly
Issuer symbol
ARDX
Transactions as of
15 Nov 2024
Net transactions value
$0
Form type
3
Filing time
19 Nov 2024, 18:35:04 UTC
Next filing
25 Nov 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ARDX Common Stock 120,000 15 Nov 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding ARDX Stock Option (Right to Buy) 15 Nov 2024 Common Stock 155,000 $5.84 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units ("RSUs"). The Reporting Person is entitled to receive one (1) shares of Common Stock for each one (1) RSU upon the vesting thereof.
F2 Twenty Five Percent (25%) of the shares subject to the option vest on October 14, 2025 and the remaining shares subject to the option vest in 36 successive, equal monthly installments thereafter, subject to the Reporting Person's continued employment or service relationship with the Issuer on each such vesting date.