SEC Form 4 · accession 0001140361-16-068835
ARDELYX, INC. · ARDX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert B Bazemore
Director
Period of report
Jun 2, 2016
Accepted (ET)
Jun 6, 2016 · 7:33 pm EDT
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 | $9.27 | Jun 2, 2016 | A | 25,000 | A | — | Jun 2, 2026 | Common Stock | 25,000 | 25,000 | D |
Explanation of responses
- F1The option becomes exercisable as it vests and the shares subject to the option vest in 36 successive, equal monthly installments on each monthly anniversary of June 2, 2016, subject to the Reporting Person's continued employment or service relationship with the Issuer on each such vesting date.