Filing Details
- Accession Number:
- 0001654954-17-011648
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-12-14 16:06:42
- Reporting Period:
- 2017-12-12
- Accepted Time:
- 2017-12-14 16:06:42
- 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 | 1430 Us Highway 206 Suite 200 Bedminster NJ 07921 | 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 | 2017-12-12 | 104,166 | $0.48 | 225,373 | 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) | $2.52 | 2026-09-30 | 1,250,000 | 1,250,000 | Direct | |
Common Stock | Stock Option (Right to Buy Common Stock) | $2.52 | 2026-09-30 | 300,000 | 300,000 | Direct | |
Common Stock | Stock Option (Right to Buy Common Stock) | $2.52 | 2026-03-30 | 300,000 | 300,000 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2026-09-30 | 1,250,000 | 1,250,000 | Direct |
2026-09-30 | 300,000 | 300,000 | Direct |
2026-03-30 | 300,000 | 300,000 | Direct |
Footnotes
- Purchase was contracted on November 17, 2017, but not closed until December 12, 2017.
- 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.
- These options were granted 9/30/2016. The option vests on the date the Company's common stock attains an average closing price over any period of 30 consecutive trading days equal to or greater than 2.75 times the closing price per share on the lesser of 9/23/16 or 10/3/16 (the "Stock Price Condition"); provided, that if the Stock Price Condition is met prior to 12/31/18 then the option will not vest until 12/31/18. The option will be forfeited (i) if the stock price on 12/31/18 is below the closing price per share on the lesser of 9/23/16 or 10/3/2016; or (ii) if the Stock Price Condition is not met by 10/3/2020.
- 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.