Filing Details

Accession Number:
0001144204-15-035560
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-06-04 17:03:18
Reporting Period:
2015-03-02
Filing Date:
2015-06-04
Accepted Time:
2015-06-04 17:03:18
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1410098 Cormedix Inc. CRMD Pharmaceutical Preparations (2834) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1535481 Matthew Duffy C/O Cormedix Inc.
1430 Us Highway 206, Suite 200
Bedminster NJ US 07921
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, $0.001 Par Value Per Share Acquisiton 2015-06-02 15,000 $0.28 58,223 No 4 M Direct
Common Stock, $0.001 Par Value Per Share Acquisiton 2015-06-02 25,000 $0.29 83,223 No 4 M Direct
Common Stock, $0.001 Par Value Per Share Disposition 2015-06-04 30,000 $6.48 53,223 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock, $0.001 Par Value Per Share Stock Option (right to buy) Disposition 2015-06-02 25,000 $0.00 30,000 $0.29
Common Stock, $0.001 Par Value Per Share Stock Option (right to buy) Disposition 2015-06-02 15,000 $0.00 30,000 $0.28
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
5,000 2022-01-06 No 4 M Direct
15,000 2021-11-21 No 4 M Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock, $0.001 Par Value Per Share Stock Option (right to buy) $2.02 2024-01-09 150,000 150,000 Direct
Common Stock, $0.001 Par Value Per Share Stock Option (right to buy) $2.02 2024-01-09 30,000 30,000 Direct
Common Stock, $0.001 Par Value Per Share Stock Option (right to buy) $0.90 2023-03-20 100,000 100,000 Direct
Common Stock, $0.001 Par Value Per Share Stock Option (right to buy) $0.68 2022-12-05 125,000 125,000 Direct
Common Stock, $0.001 Par Value Per Share Warrant (right to purchase Common Stock) $0.40 2012-11-13 2017-11-13 25,000 25,000 Direct
Common Stock, $0.001 Par Value Per Share Warrant (right to purchase Common Stock) $3.48 2015-04-30 4,884 0 Direct
Common Stock, $0.001 Par Value Per Share Stock Option (right to buy) $5.62 2025-03-01 50,000 50,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2024-01-09 150,000 150,000 Direct
2024-01-09 30,000 30,000 Direct
2023-03-20 100,000 100,000 Direct
2022-12-05 125,000 125,000 Direct
2017-11-13 25,000 25,000 Direct
2015-04-30 4,884 0 Direct
2025-03-01 50,000 50,000 Direct
Footnotes
  1. These options vested 100% on January 10, 2014.
  2. These options vest in full on the first anniversary of the date of grant.
  3. These options vest quarterly over two years.
  4. These options vest as follows: (a) fifty percent (50%) on the date of issuance of the CE Mark certification for Neutrolin in Europe, which occurred on July 5, 2013, and (b) fifty percent (50%) on December 31, 2013.
  5. On November 13, 2012, the reporting person acquired in a private placement $10,000 of (a) 9% Senior Convertible Notes, convertible into shares of the Company's common stock at a conversion price of $0.35 per share, and (b) a five-year redeemable warrant to purchase common stock at an exercise price of $0.40 per share.
  6. The options vest ratably, one-third of which will vest on each of the grant date, the first anniversary and the second anniversary thereof.
  7. The warrants were issued as part of the Company's initial public offering in March 2010 and were exercisable beginning six months after the effective date of the Company's registration statement related thereto.
  8. The expiration date was originally 3/24/2015 and was extended to 4/30/2015.