Filing Details
- Accession Number:
- 0001193805-10-000961
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2010-04-01 13:00:00
- Reporting Period:
- 2010-03-30
- Filing Date:
- 2010-04-01
- Accepted Time:
- 2010-04-01 20:29:30
- 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 |
---|---|---|---|---|---|---|---|
1374805 | H Russell Ellison | C/O Cormedix Inc. 86 Summit Avenue, Suite 301 Summit NJ 079013647 | 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 | 2010-03-30 | 160,000 | $0.00 | 160,000 | No | 4 | P | Indirect | By Global Paramount BioFund, LP |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Indirect | By Global Paramount BioFund, LP |
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) | Acquisiton | 2010-03-30 | 20,000 | $0.00 | 20,000 | $3.13 |
Common Stock, $0.001 Par Value | Warrants issued as a part of Units | Acquisiton | 2010-03-30 | 80,000 | $0.00 | 80,000 | $3.44 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
20,000 | 2020-03-30 | No | 4 | A | Direct | |
80,000 | 2015-03-24 | No | 4 | P | Indirect |
Footnotes
- These securities were issued as a part of 80,000 Units purchased by Global Paramount BioFund, LP (the ''Fund'') directly from the underwriters in the Company's initialpublic offering, which closed on March 30, 2010. The Units were purchased at $6.50 per Unit, the initial public offering price. Each Unit consists of two shares ofcommon stock and a warrant to purchase one share of common stock.
- The Fund is the direct owner of the subject securities. Mr. Ellison is a managing member of Global BioFund GP, LLC, the general partner of the Fund, and a portfoliomanager of Global Bio Asset Management, LP, the investment manager of the Fund. Mr. Ellison disclaims beneficial ownership of such securities, except to the extentof his pecuniary interest therein, if any. This report shall not be deemed an admission that Mr. Ellison is the beneficial owner of the securities for purposes of Section16 of the Securities Exchange Act of 1934, as amended or for any other purpose.
- These options vest as follows: 1/3 on March 30, 2010; an additional 1/3 on March 30, 2011; and the remaining 1/3 on March 30, 2012.
- These warrants will become exercisable upon the earlier to occur of the expiration of the underwriters' over allotment option with respect to the Company's initial public offering, or the exercise in full of such over allotment option.