ARDELYX INC

Ticker: ARDX CUSIP: 039697107 Class: Common Stock

PFM Health Sciences, LP's Holding History (CIK: 0001442756)

Note: Option positions (PUT/CALL) are excluded.

Q1 2017

Shares 1,109,574 Value ($000) $14,036 Avg Close $13.16 Range $10.95 - $15.40

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2017	1,109,574	$14,036	$13.16	$10.95 - $15.40