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
- These options vested 100% on January 10, 2014.
- These options vest in full on the first anniversary of the date of grant.
- These options vest quarterly over two years.
- 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.
- 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.
- The options vest ratably, one-third of which will vest on each of the grant date, the first anniversary and the second anniversary thereof.
- 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.
- The expiration date was originally 3/24/2015 and was extended to 4/30/2015.