SEC Form 4 · accession 0001140361-17-010643
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
Mar 1, 2017
Accepted (ET)
Mar 3, 2017 · 7:39 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 StockF3,F2 | Mar 1, 2017 | M | 3,000 | $0.54 | A | 71,450 | D | |
| Common StockF3,F2 | Mar 1, 2017 | S | 3,000 | $13.70 | D | 68,450 | 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 | Mar 1, 2017 | M | 3,000 | A | — | Aug 11, 2021 | Common Stock | 3,000 | 34,874 | D |
Explanation of responses
- F1Transaction made pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 21, 2016
- F2Includes 17,985 restricted stock units ("RSUs"). The Reporting Person is entitled to receive one (1) shares of Common Stock for each one (1) RSU upon the vesting thereof.
- F3Includes 940 shares acquired under the Issuer's Employee Stock Purchase Plan on February 28, 2017.
- F4The option is fully vested and exercisable.