Michael Raab - 08 Oct 2021 Form 4 Insider Report for ARDELYX, INC. (ARDX)

Role
President & CEO, Director
Signature
/s/ Elizabeth Grammer, Attorney-in-Fact for Michael Raab
Issuer symbol
ARDX
Transactions as of
08 Oct 2021
Transactions value $
$0
Form type
4
Filing time
29 Oct 2021, 19:58:20
Previous filing
23 Sep 2021
Next filing
24 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARDX Common Stock Award $0 +300K +89.71% $0.00 634K 08 Oct 2021 Direct F1, F2, F3
holding ARDX Common Stock 24.4K 08 Oct 2021 Family Trust F4
holding ARDX Common Stock 1K 08 Oct 2021 Family Trust F5
* 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 Reflects the adjusted total which includes the purchase of 1,937 shares under the Ardelyx Employee Stock Purchase Plan on February 28, 2021.
F3 Reflects the adjusted total which includes the purchase of 2,743 shares under the Ardelyx Employee Stock Purchase Plan on August 31, 2021.
F4 The shares are directly held by Michael G. Raab, Trustee of the Michael G. Raab Living Trust dated July 25, 2012.
F5 The shares are owned directly by trusts for the benefit of the Reporting Person's children.