SEC Form 4 · accession 0001140361-16-080765
ARDELYX, INC. · ARDX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Elizabeth A Grammer
Officer — SVP, General Counsel
Period of report
Sep 26, 2016
Accepted (ET)
Sep 26, 2016 · 8:31 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 Stock | Sep 22, 2016 | M | 1,440 | $1.08 | A | 1,440 | D | |
| Common Stock | Sep 22, 2016 | S | 1,440 | $12.00 | D | 0 | D | |
| Common Stock | Sep 23, 2016 | M | 1,060 | $1.08 | A | 1,060 | D | |
| Common Stock | Sep 23, 2016 | M | 2,500 | $3.42 | A | 3,560 | D | |
| Common Stock | Sep 23, 2016 | S | 3,560 | $12.00 | D | 0 | 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)F2 | $1.08 | Sep 22, 2016 | M | 1,440 | D | — | Apr 15, 2021 | Common Stock | 1,440 | 1,060 | D |
| Stock Option (Right to Buy)F2 | $1.08 | Sep 23, 2016 | M | 1,060 | D | — | Apr 15, 2021 | Common Stock | 1,060 | 0 | D |
| Stock Option (Right to Buy)F2 | $3.42 | Sep 23, 2016 | M | 2,500 | D | — | Nov 12, 2022 | Common Stock | 2,500 | 2,500 | D |
Explanation of responses
- F1Transaction made pursuant to a 10b5-1 trading plan adopted by the Reporting Person on August 19, 2016.
- F2The option is fully vested and exercisable.