Filing Details

Accession Number:
0001654954-19-003244
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-03-25 16:09:58
Reporting Period:
2019-03-25
Accepted Time:
2019-03-25 16:09:58
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1410098 Cormedix Inc. CRMD () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1268675 L. John Jr. Armstrong C/O Cormedix Inc.
400 Connell Drive, Suite 5000
Berkeley Heights NJ 07922
Exec Vp Of Tech Operations No 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 Acquisiton 2019-03-25 15,000 $1.69 321,890 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Stock Option (Right to Buy Common Stock) $1.66 2029-01-10 45,000 45,000 Direct
Common Stock Stock Option (Right to Buy Common Stock) $2.18 2025-03-01 100,000 100,000 Direct
Common Stock Stock Option (Right to Buy Common Stock) $1.52 2024-11-14 10,000 10,000 Direct
Common Stock Stock Option (Right to Buy Common Stock) $3.25 2025-07-28 15,000 15,000 Direct
Common Stock Stock Option (Right to Buy Common Stock) $2.51 2026-03-08 200,000 200,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2029-01-10 45,000 45,000 Direct
2025-03-01 100,000 100,000 Direct
2024-11-14 10,000 10,000 Direct
2025-07-28 15,000 15,000 Direct
2026-03-08 200,000 200,000 Direct
Footnotes
  1. These options were granted on 1/10/2019. These options vest, subject to continued employment, as follows: 35% of the options vest over time, with 25% vested on the grant date and 25% vesting on the first, second and third anniversaries of the grant date; and 65% of the options vest upon the achievement of certain milestones.
  2. The option vests based on certain performance milestones. The option will be forfeited if such milestones are not met by certain dates.
  3. These options vested upon the achievement of certain milestones, subject to continued employment.
  4. One third of these options vested upon the achievement of a certain milestone and one third vested on each of December 31, 2015 and July 28, 2015.
  5. 15,000 of these options vest monthly over four years, beginning on March 9, 2016, 20,000 vest upon the achievement of a certain milestone, subject to continued employment, and the rest vested upon the achievement of certain milestones.