SEC Form 4 · accession 0001354488-17-000243
CorMedix Inc. · CRMD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert W. Cook
Officer — Chief Financial Officer
Period of report
Feb 1, 2017
Accepted (ET)
Feb 9, 2017 · 4:28 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001410098
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to buy Common Stock)F1,F2 | $1.69 | Jan 30, 2017 | A | 165,000 | A | — | Jan 30, 2027 | Common Stock | 165,000 | 165,000 | D |
| Stock Option (Right to buy Common Stock)F1,F3 | $1.69 | Jan 30, 2017 | A | 185,000 | A | — | Jan 30, 2027 | Common Stock | 185,000 | 185,000 | D |
Explanation of responses
- F1The option was granted on 1/30/17 contingent upon the Reporting Person commencing employment on 2/1/17.
- F2The option vests based on certain performance milestones. The option will be forfeited if such milestones are not met by certain dates.
- F3The option vests in four equal annual installments beginning on the first anniversary of the vesting commencement date, 2/1/18, subject to continued employment.