SEC Form 4 · accession 0001654954-19-000381
CorMedix Inc. · CRMD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Myron Kaplan
Director
Period of report
Jan 10, 2019
Accepted (ET)
Jan 11, 2019 · 4:15 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 |
|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | Jan 10, 2019 | A | 12,500 | — | A | 443,666 | D | |
| Restricted Stock UnitsF1 | Jan 10, 2019 | A | 15,000 | — | A | 458,666 | D | |
| Restricted Stock UnitsF1 | Jan 10, 2019 | A | 10,000 | — | A | 468,666 | D | |
| Restricted Stock UnitsF1 | Jan 10, 2019 | A | 5,000 | — | A | 473,666 | D |
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)F2 | $1.66 | Jan 10, 2019 | A | 75,000 | A | — | Jan 10, 2029 | Common Stock | 75,000 | 75,000 | D |
| Stock Option (Right to Buy Common Stock)F3 | $0.57 | holding | — | — | — | — | Feb 16, 2028 | Common Stock | 40,000 | 40,000 | D |
| Stock Option (Right to Buy Common Stock)F4 | $2.24 | holding | — | — | — | — | Feb 21, 2027 | Common Stock | 40,000 | 40,000 | D |
| Stock Option (Right to Buy Common Stock)F5 | $4.28 | holding | — | — | — | — | Apr 28, 2026 | Common Stock | 50,000 | 50,000 | D |
Explanation of responses
- F1These shares consist of restricted stock units granted on 01/10/2019. These restricted stock units will vest monthly with full vesting on the first anniversary of the date of grant, subject to continued service on the board.
- F2These options were granted on 01/10/2019. The options vest monthly with full vesting on the one year anniversary of the date of grant, subject to continued service on the board.
- F3These options were granted on 2/16/2018. The options vest in full on the first anniversary of the date of grant, subject to continued service on the board.
- F4These options were granted on 2/21/2017. The 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 4/28/2016. These options shall vest as follows: 1/3 on 4/28/2016, 1/3 on 4/28/2017, and 1/3 on 4/28/2018.