Filing Details

Accession Number:
0001213900-20-006779
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-03-18 16:25:06
Reporting Period:
2020-03-18
Accepted Time:
2020-03-18 16:25:06
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
1686223 Khoso Baluch C/O Cormedix Inc.
400 Connell Drive, Suite 5000
Berkeley Heights NJ 07922
Chief Executive Officer 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 2020-03-18 3,500 $2.61 56,075 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) $5.63 2030-02-25 100,630 100,630 Direct
Common Stock Stock Option (Right to Buy Common Stock) $6.82 2029-09-26 120,000 120,000 Direct
Common Stock Stock Option (Right to Buy Common Stock) $8.30 2029-01-10 69,600 69,600 Direct
Common Stock Stock Option (Right to Buy Common Stock) $12.60 2026-09-30 250,000 250,000 Direct
Common Stock Stock Option (Right to Buy Common Stock) $12.60 2026-09-30 60,000 60,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2030-02-25 100,630 100,630 Direct
2029-09-26 120,000 120,000 Direct
2029-01-10 69,600 69,600 Direct
2026-09-30 250,000 250,000 Direct
2026-09-30 60,000 60,000 Direct
Footnotes
  1. These options were granted on 02/25/2020. These options vest 1/4 on the date of grant, 1/4 on the first anniversary of the date of grant, 1/4 on the second anniversary of the date of grant and 1/4 on the third anniversary of the date of grant.
  2. The options will vest over four (4) years in four (4) equal annual installments on the first four (4) anniversaries of September 26, 2019, provided, in all cases, that Executive remains an employee of, or a consultant to, the Company through the applicable vesting date.
  3. 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. These options include options to purchase 7,000 shares that are subject to vesting each on January 10, 2021 and January 10, 2022.
  4. These options were granted 9/30/2016. The option vests as follows: 25% on 10/3/2017, 25% on 10/3/2018, 25% on 10/3/2019, and 25% on 10/3/2020.
  5. These options were granted 9/30/2016. The option vests based on certain performance milestones. If such milestones are met prior to 12/31/18, then the option will not vest until 12/31/18. The option will be forfeited if such milestones are not met by 10/3/2020.