SEC Form 4 · accession 0001654954-19-000383
CorMedix Inc. · CRMD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven W Lefkowitz
Director
Period of report
Jan 10, 2019
Accepted (ET)
Jan 11, 2019 · 4:17 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,F2 | Jan 10, 2019 | A | 12,500 | — | A | 233,879 | D | |
| Restricted Stock UnitsF1,F2 | Jan 10, 2019 | A | 7,500 | — | A | 241,379 | D | |
| Restricted Stock UnitsF1,F2 | Jan 10, 2019 | A | 10,000 | — | A | 251,379 | D | |
| Common Stock, $0.001 par value per shareF3 | holding | — | — | — | 135,757 | I | Wade Capital Corporation Money Purchase Plan | |
| 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 | $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)F5 | $0.57 | holding | — | — | — | — | Feb 16, 2028 | Common Stock | 40,000 | 40,000 | D |
| Stock Option (Right to Buy Common Stock)F6 | $0.45 | holding | — | — | — | — | Jun 25, 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
- 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.
- F2Includes 24,963 shares held by the reporting person for the benefit of his minor son.
- F3The reporting person beneficially owns these securities through Wade Capital Corporation Money Purchase Plan (an entity for which he has voting and investment control).
- F4These 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.
- F5These 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.
- F6These 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.