SEC Form 4 · accession 0001140361-15-001158
ARDELYX, INC. · ARDX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeremy S Caldwell
Officer — EVP, Chief Scientific Officer
Period of report
Jan 6, 2015
Accepted (ET)
Jan 8, 2015 · 7:10 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001437402
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F1 | $23.02 | Jan 6, 2015 | A | 15,000 | A | — | Jan 6, 2025 | Common Stock | 15,000 | 15,000 | D |
Explanation of responses
- F1Twenty-five percent (25%) of the shares subject to the option vest and become exercisable on the first anniversary measured from January 6, 2015, and the remaining shares subject to the option vest and become exercisable in 36 successive, equal monthly installments thereafter, subject to the Reporting Person's continued employment or service relationship with the Issuer on each such vesting date.