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ARDELYX, INC. — Director's Dealing 2025
Feb 28, 2025
32003_dirs_2025-02-27_8b6db16b-92e9-4019-8d95-d2a2b0bb7988.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ARDELYX, INC. (ARDX)
CIK: 0001437402
Period of Report: 2025-02-25
Reporting Person: RAAB MICHAEL (Director, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-02-25 | Common Stock | A | 570217 | — | Acquired | 1655972 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-02-25 | Stock Option (Right to Buy) | $5.18 | A | 855326 | Acquired | 2035-02-25 | Common Stock (855326) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 24364 | Indirect |
| Common Stock | 1000 | Indirect |
Footnotes
F1: Restricted stock units ("RSUs"). The Reporting Person is entitled to receive one (1) shares of Common Stock for each one (1) RSU upon the vesting thereof.
F2: The shares are directly held by Michael G. Raab, Trustee of the Michael G. Raab Living Trust dated July 25, 2012.
F3: The shares are owned directly by trusts for the benefit of the Reporting Person's children.
F4: 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 February 25, 2025, subject to the Reporting Person's continued employment or service relationship with the Issuer on each such vesting date.