SEC Form 4 · accession 0001140361-18-028858
ARDELYX, INC. · ARDX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gordon Ringold
Director
Period of report
Jun 13, 2018
Accepted (ET)
Jun 15, 2018 · 6:54 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,F2 | $4.03 | Jun 13, 2018 | A | 15,000 | A | — | Jun 13, 2028 | Common Stock | 15,000 | 15,000 | D |
Explanation of responses
- F1The option was issued pursuant to the Issuer's Non-Employee Director Compensation Program.
- F2The option vests with respect to 1/12th of the shares subject thereto on each monthly anniversary of the grant date, which vesting will accelerate in full on the date of the next annual stockholder's meeting to the extent unvested as of such date, subject to continued service through each applicable vesting date.