SEC Form 4 · accession 0001140361-15-034919
ARDELYX, INC. · ARDX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey W Jacobs
Officer — SVP, Technical Operations
Period of report
Sep 10, 2015
Accepted (ET)
Sep 11, 2015 · 7:53 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 | Sep 10, 2015 | M | 2,000 | $0.54 | A | 49,420 | D | |
| Common StockF3,F2 | Sep 10, 2015 | S | 2,000 | $20.5925 | D | 47,420 | D |
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)F4 | $0.54 | Sep 10, 2015 | M | 2,000 | D | — | Aug 11, 2021 | Common Stock | 2,000 | 52,874 | D |
Explanation of responses
- F1Transaction made pursuant to a 10b5-1 trading plan adopted by the Reporting Person on June 25, 2015.
- F2Includes 754 shares acquired under the Issuer's Employee Stock Purchase Plan on August 31, 2015.
- F3This transaction was executed in multiple trades in prices ranging from $19.83 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.
- F4The option is fully vested and exercisable.