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ARDELYX, INC. Director's Dealing 2022

Jun 24, 2022

32003_dirs_2022-06-23_5c3e9b9d-dcc0-4990-8d3a-baf662d8cef4.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: ARDELYX, INC. (ARDX)
CIK: 0001437402
Period of Report: 2022-06-15

Reporting Person: Williams Laura A (Chief Medical Officer)

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 243717 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Option (Right to Buy) $5.19 2030-11-02 Common Stock (105000) Direct
Stock Option (Right to Buy) $0.99 2032-01-06 Common Stock (192000) Direct

Footnotes

F1: Includes 49,582 Restricted stock units.

F2: Twenty Five Percent (25%) of the shares subject to the option vest on November 2, 2021 and the remaining shares subject to the option vest 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.

F3: The option becomes exercisable as it vests and the shares subject to the option vest in 48 successive, equal monthly installments on each monthly anniversary of January 6, 2022, subject to the Reporting Person's continued employment or service relationship with the Issuer on each such vesting date.