SEC Form 4 · accession 0001654954-18-014242
CorMedix Inc. · CRMD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven W Lefkowitz
Director
Period of report
Dec 20, 2018
Accepted (ET)
Dec 21, 2018 · 4:19 pm EST
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 shareF1,F2 | Dec 20, 2018 | P | 20,000 | $1.175 | A | 135,757 | I | Wade Capital Corporation Money Purchase Plan |
| Common Stock, $0.001 par value per shareF3 | holding | — | — | — | 221,379 | D | ||
| Common Stock, $0.001 par value per share | holding | — | — | — | 10,000 | I | Reporting Person's Wife |
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)F4 | $0.57 | holding | — | — | — | — | Feb 16, 2028 | Common Stock | 40,000 | 40,000 | D |
| Stock Option (Right to Buy Common Stock)F5 | $0.45 | holding | — | — | — | — | Jun 5, 2027 | Common Stock | 75,000 | 75,000 | D |
| Warrant (Right to Purchase Common Stock) | $0.90 | holding | — | — | — | Jan 8, 2015 | Jan 8, 2020 | Common Stock | 22,500 | 22,500 | D |
| Warrant (Right to Purchase Common Stock) | $0.90 | holding | — | — | — | Jan 8, 2015 | Jan 8, 2020 | Common Stock | 15,000 | 15,000 | D |
Explanation of responses
- F1Represents the weighted average purchase price of the shares purchased ranging from a low of $1.15 to a high of $1.20 per share.
- F2The reporting person beneficially owns these securities through Wade Capital Corporation Money Purchase Plan (an entity for which he has voting and investment control).
- F3Includes 24,963 shares held by the reporting person for the benefit of his minor son.
- F4These options were granted on 2/16/2018. These options vest in full on the first anniversary of the date of grant, subject to continued service on the board.
- F5These options were granted on 6/25/2017. These options vest 1/3 on the date of grant, 1/3 on the first anniversary of the date of grant and 1/3 on the second anniversary of the date of grant.