Richard J. Rodgers - 16 Jan 2025 Form 4 Insider Report for ARDELYX, INC. (ARDX)

Role
Director
Signature
/s/ Elizabeth Grammer, Attorney-in-Fact for Richard J. Rodgers
Issuer symbol
ARDX
Transactions as of
16 Jan 2025
Net transactions value
+$55,000
Form type
4
Filing time
17 Jan 2025, 16:44:49 UTC
Previous filing
02 Jan 2025
Next filing
02 May 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARDX Common Stock Options Exercise $55,000 +100,000 +40% $0.5500 350,524 16 Jan 2025 Direct

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 -100,000 -100% $0.000000 0 16 Jan 2025 Common Stock 100,000 $0.5500 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.