SEC Form 4 · accession 0001144204-15-020772
CorMedix Inc. · CRMD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Cora M Tellez
Director
Period of report
Apr 1, 2015
Accepted (ET)
Apr 2, 2015 · 7:17 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001410098
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $0.001 par value per share | Mar 31, 2015 | X | 25,000 | $0.90 | A | 88,386 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock Warrants (right to buy) | $0.90 | Mar 31, 2015 | X | 25,000 | D | Jan 8, 2014 | Jan 8, 2020 | Common Stock, $0.001 par value per share | 25,000 | 0 | D |
| Stock Option (right to buy)F1 | $2.05 | holding | — | — | — | — | Apr 3, 2024 | Common Stock, $0.001 par value per share | 30,000 | 30,000 | D |
| Stock Option (right to buy)F2 | $5.62 | holding | — | — | — | — | Mar 1, 2025 | Common Stock, $0.001 par value per share | 50,000 | 50,000 | D |
Explanation of responses
- F1These shares vest 1/3 on date of grant, 1/3 on first anniversary of date of grant and 1/3 on second anniversary of date of grant.
- F2The options vest in full on the first anniversary of the date of grant.