Elizabeth Grammer - 20 May 2022 Form 4 Insider Report for ARDELYX, INC. (ARDX)

Signature
/s/ Elizabeth Grammer
Issuer symbol
ARDX
Transactions as of
20 May 2022
Transactions value $
-$848
Form type
4
Filing time
23 May 2022, 16:31:05
Previous filing
25 Feb 2022
Next filing
08 Jun 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARDX Common Stock Sale -$848 -1.26K -0.4% $0.67* 315K 20 May 2022 Direct F1
holding ARDX Common Stock 2.97K 20 May 2022 By Son
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to an automatic sell-to-cover imposed by the terms of the initial grant of the restricted stock units ("RSUs") awards, the shares were sold upon the vesting of the RSUs solely to cover applicable withholding taxes.

Remarks:

Chief Legal and Administrative Officer