ARDELYX, INC. — Director's Dealing 2015

Jan 8, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARDELYX, INC. (ARDX)
CIK: 0001437402
Period of Report: 2015-01-06

Reporting Person: Kaufmann Mark (Chief Financial Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-01-06	Stock Option (Right to Buy)	$23.02	A	23700	Acquired	2025-01-06	Common Stock (23700)	Direct

Footnotes

F1: The shares subject to the option vest in 48 successive, equal monthly installments on each monthly anniversary of January 6, 2015, subject to the Reporting Person's continued employment or service relationship with the Issuer on each such vesting date.