SEC Form 4 · accession 0001140361-15-034798
ARDELYX, INC. · ARDX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Raab
Officer — President & CEO · Director
Period of report
Sep 8, 2015
Accepted (ET)
Sep 10, 2015 · 4:57 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001437402
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2,F3 | Sep 8, 2015 | S | 9,785 | $20.2907 | D | 70,385 | I | See Footnote |
| Common StockF4 | holding | — | — | — | 1,518 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Transaction made pursuant to a 10b5-1 trading plan adopted by the Reporting Person on June 18, 2015.
- F2This transaction was executed in multiple trades in prices ranging from $20.00 to $20.75, 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.
- F3The shares are directly held by Michael G. Raab, Trustee of the Michael G. Raab Living Trust dated July 25, 2012.
- F4Consists of 1,518 shares acquired under the Issuer's Employee Stock Purchase Plan on August 31, 2015.