David Mott - Dec 26, 2024 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
Dec 26, 2024
Transactions value $
$55,000
Form type
4
Date filed
12/27/2024, 05:57 PM
Previous filing
Dec 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARDX Common Stock Options Exercise $55K +100K +6.1% $0.55 1.74M Dec 26, 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
transaction ARDX Stock Option (Right to Buy) Options Exercise $0 -100K -100% $0.00 0 Dec 26, 2024 Common Stock 100K $0.55 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 This option vests with respect to 1/12th of the shares subject thereto on each monthly anniversary of the grant date, which vesting will accelerate in full on the date of the next annual stockholder's meeting to the extent unvested as of such date, subject to continued service through each applicable vesting date.