ARDELYX INC

Ticker: ARDX CUSIP: 039697107 Class: Common Stock

Ground Swell Capital, LLC's Holding History (CIK: 0001534450)

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

Q3 2014

Shares 739 Value ($000) $11 Avg Close $14.46 Range $11.37 - $21.60

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2014	739	$11	$14.46	$11.37 - $21.60