SEC Form 4 · accession 0001140361-17-002599
ARDELYX, INC. · ARDX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul Korner
Officer — EVP, Chief Medical Officer
Period of report
Jan 5, 2017
Accepted (ET)
Jan 23, 2017 · 8:48 pm EST
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 | Jan 5, 2017 | S | 6,130 | $12.95 | D | 54,623 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares were automatically sold pursuant to the Issuer's 2014 Equity Incentive Award Plan to cover tax liability upon the vesting of outstanding Restricted Stock Units ("RSUs").
- F2Includes 45,565 RSUs. The reporting person is entitled to receive one (1) share of common stock for each one (1) RSU upon the vesting thereof.