Home > Insider Trading > Filing (0001654954-19-003466)

Filing Details

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	2019-03-26	5,000	$7.73	69,378	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	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Stock Option (Right to Buy Common Stock)	$8.30	2029-01-10	9,000	9,000	Direct
Common Stock	Stock Option (Right to Buy Common Stock)	$10.90	2025-03-01	20,000	20,000	Direct
Common Stock	Stock Option (Right to Buy Common Stock)	$7.60	2024-11-14	2,000	2,000	Direct
Common Stock	Stock Option (Right to Buy Common Stock)	$16.25	2025-07-28	3,000	3,000	Direct
Common Stock	Stock Option (Right to Buy Common Stock)	$12.55	2026-03-08	40,000	40,000	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2029-01-10	9,000	9,000	Direct
2025-03-01	20,000	20,000	Direct
2024-11-14	2,000	2,000	Direct
2025-07-28	3,000	3,000	Direct
2026-03-08	40,000	40,000	Direct

Footnotes

The Issuer effected a 1-for-5 reverse stock split of its common stock on March 26, 2019. All share and per share exercise price amounts shown in this Form 4 have been adjusted to reflect the reverse stock split.
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.
The option vests based on certain performance milestones. The option will be forfeited if such milestones are not met by certain dates.
These options vested upon the achievement of certain milestones, subject to continued employment.
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.
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.