ARDELYX, INC. — Director's Dealing 2014

Nov 5, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARDELYX, INC. (ARDX)
CIK: 0001437402
Period of Report: 2014-11-03

Reporting Person: Arasaratnam Narani (VP, Corporate Controller)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-11-03	Stock Option (Right to Buy)	$22.58	A	25000	Acquired	2024-11-03	Common Stock (25000)	Direct

Footnotes

F1: Twenty-five percent (25%) of the shares subject to the option vest and become exercisable on the first anniversary measured from November 3, 2014, and the remaining shares subject to the option vest and become exercisable in 36 successive, equal monthly installments thereafter, subject to the Reporting Person's continued employment or service relationship with the Issuer on each such vesting date.