Jan M. Lundberg - 15 Jun 2023 Form 4 Insider Report for ARDELYX, INC. (ARDX)

Reporting relationship: Director
Issuer ticker: ARDX
Reported as of: 15 Jun 2023
Net transaction value: $0
SEC form: 4
Accepted by SEC: 16 Jun 2023, 18:33:27 UTC
Prior SEC filing: 17 Jun 2022
Source filing: View source filing
Reporting owner signature: /s/ Elizabeth Grammer, Attorney-in-Fact for Jan M. Lundberg

Key filing fact

Jan M. Lundberg filed Form 4 for ARDELYX, INC. (ARDX) on 16 Jun 2023.

Key facts

This page summarizes Jan M. Lundberg's Form 4 filing for ARDELYX, INC. (ARDX).
2 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 16 Jun 2023, 18:33.

Change

Previous filing in this sequence was filed on 17 Jun 2022.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ARDX transaction

Common Stock

Award

Transaction value: $0
Shares: +12,755
Change %: +9.5%
Price: $0.000000
Shares after: 146,794
Date: 15 Jun 2023
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ARDX transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value: $0
Shares: +49,237
Change %
Price: $0.000000
Shares after: 49,237
Date: 15 Jun 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 49,237
Exercise price: $3.92
Footnotes: F2, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

The shares were issued pursuant to the Issuer's Non-Employee Director Compensation Program. The Reporting Person elected to receive stock in lieu of cash as permitted under the program.

Footnote F2

The option was issued pursuant to the Issuer's Non-Employee Director Compensation Program.

Footnote F3

The 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.