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Filing Details

Accession Number:: 0001181431-14-039786
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2014-12-29 17:10:57
Reporting Period:: 2014-12-23

Filing Date:: 2014-12-29
Accepted Time:: 2014-12-29 17:10:57
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1437402	Ardelyx Inc.	ARDX	Pharmaceutical Preparations (2834)	000000000

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1270521	Kittu Krishna Kolluri	1954 Greenspring Drive Suite 600 Timonium MD 21093		No	No	Yes	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2014-12-23	10,000	$0.00	0	No	4	J	Indirect	See Note 2
Common Stock	Acquisiton	2014-12-23	223	$0.00	223	No	4	J	Indirect	See Note 5
Common Stock	Acquisiton	2014-12-23	22	$0.00	22	No	4	J	Indirect	See Note 7
Common Stock	Acquisiton	2014-12-23	22	$0.00	22	No	4	J	Indirect	See Note 9
Common Stock	Disposition	2014-12-29	223	$20.09	0	No	4	S	Indirect	See Note 5
Common Stock	Disposition	2014-12-29	22	$20.09	0	No	4	S	Indirect	See Note 7
Common Stock	Disposition	2014-12-29	22	$20.09	0	No	4	S	Indirect	See Note 9

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	J	Indirect	See Note 2
No	4	J	Indirect	See Note 5
No	4	J	Indirect	See Note 7
No	4	J	Indirect	See Note 9
No	4	S	Indirect	See Note 5
No	4	S	Indirect	See Note 7
No	4	S	Indirect	See Note 9

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	5,619,734	Indirect	See Note 1

Footnotes

The Reporting Person is a manager of NEA 12 GP, LLC, ("NEA 12 GP") which is the sole general partner of NEA Partners 12, Limited Partnership ("NEA Partners 12"). NEA Partners 12 is the sole general partner of New Enterprise Associates 12, Limited Partnership ("NEA 12"), the direct beneficial owner of the securities. The Reporting Person disclaims beneficial ownership within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the securities held by NEA 12 in which the Reporting Person has no pecuniary interest.
The Reporting Person is a manager of NEA 12 GP, the sole general partner of NEA Partners 12. The Reporting Person disclaims beneficial ownership within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the securities of the Issuer held by NEA Partners 12 in which the Reporting Person has no pecuniary interest.
NEA Partners 12 made a pro rata distribution for no consideration of an aggregate of 10,000 shares of Common Stock of the Issuer to its limited partners on December 23, 2014.
The Kolluri Living Trust dated 11/5/99 (the "Kolluri Trust") received 223 shares of Common Stock of the Issuer in the distribution by NEA Partners 12 on December 23, 2014.
The securities are directly held by the Kolluri Living Trust. The Reporting Person disclaims beneficial ownership within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the securities held by the Kolluri Trust in which the Reporting Person has no pecuniary interest.
Krishna S. Kolluri and Vanita S. Kolluri, as Trustees of the Ishaan S. Kolluri GST Exempt Trust under the Kolluri 2012 Trust Agreement dated November 16, 2012 (the "Ishaan Kolluri Trust") received 22 shares of Common Stock of the Issuer in the distribution by NEA Partners 12 on on December 23, 2014.
The securities are directly held by the Ishaan Kolluri Trust. The Reporting Person disclaims beneficial ownership within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the securities of the Issuer held by the Ishaan Kolluri Trust in which the Reporting Person has no pecuniary interest.
Krishna S. Kolluri and Vanita S. Kolluri, as Trustees of the Raina V. Kolluri GST Exempt Trust under the Kolluri 2012 Trust Agreement dated November 16, 2012 (the "Raina Kolluri Trust") received 22 shares of Common Stock of the Issuer in the distribution by NEA Partners 12 on on December 23, 2014.
The securities are directly held by the Raina Kolluri Trust. The Reporting Person disclaims beneficial ownership within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the securities of the Issuer held by the Raina Kolluri Trust in which the Reporting Person has no pecuniary interest.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.60 to $20.37, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (10) to this Form 4.