| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ARDX | Common Stock | Sale | -$40.6K | -11.4K | -1.29% | $3.55 | 876K | 21 Aug 2023 | Direct | F1, F2 |
| holding | ARDX | Common Stock | 24.4K | 21 Aug 2023 | Family Trust | F3 | |||||
| holding | ARDX | Common Stock | 1K | 21 Aug 2023 | Family Trust | F4 |
| 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. |
| F2 | This transaction was executed in multiple trades in prices ranging from $3.511 to $3.551843, inclusive. The price reported in Column 4 above reflects the weighted average sales price. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote. |
| F3 | The shares are directly held by Michael G. Raab, Trustee of the Michael G. Raab Living Trust dated July 25, 2012. |
| F4 | The shares are owned directly by trusts for the benefit of the Reporting Person's children. |