ARDELYX, INC. — Director's Dealing 2015

Jan 2, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARDELYX, INC. (ARDX)
CIK: 0001437402
Period of Report: 2014-12-30

Reporting Person: CMEA Ventures VII LP (10% Owner)
Reporting Person: CMEA VENTURES VII (PARALLEL) LP (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-12-30	Common Stock	J	390000	$0.00	Disposed	3616966	Direct
2014-12-30	Common Stock	J	10000	$0.00	Disposed	92740	Indirect

Footnotes

F1: CMEA Ventures VII, L.P., made a pro rata distribution for no consideration of an aggregate of 390,000 shares of Common Stock of the issuer to its general partner and its limited partners on December 30, 2014.

F2: CMEA Ventures VII (Parallel), L.P., made a pro rata distribution for no consideration of an aggregate of 10,000 shares of Common Stock of the issuer to its general partner and its limited partners on December 30, 2014.