Form Type: 4

SEC EDGAR Link
Accession Number:0001654954-19-002991
Date:2019-03-18
Issuer: CORMEDIX INC. (CRMD)
Original Submission Date:

Reporting Person:

DILLIONE JANET
C/O CORMEDIX INC.
400 CONNELL DRIVE, SUITE 5000 BERKELEY HEIGHTS, NJ 07922

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2019-03-18 P 42,000 a $1.67 180,909 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
PHANTOM STOCK 0.0 deemed execution date 0 ( ) common stock 4,213 $0.00 4,213 direct
STOCK OPTION (RIGHT TO BUY COMMON STOCK) 1.66 deemed execution date 0 ( ) 2029-01-10 common stock 75,000 $1.66 75,000 direct
PHANTOM STOCK 0.0 deemed execution date 0 ( ) common stock 6,637 $0.00 6,637 direct
PHANTOM STOCK 0.0 deemed execution date 0 ( ) common stock 13,636 $0.00 13,636 direct
PHANTOM STOCK 0.0 deemed execution date 0 ( ) common stock 37,500 $0.00 37,500 direct
STOCK OPTION (RIGHT TO BUY COMMON STOCK) 0.57 deemed execution date 0 ( ) 2028-02-16 common stock 40,000 $0.57 40,000 direct
PHANTOM STOCK 0.0 deemed execution date 0 ( ) common stock 13,392 $0.00 13,392 direct
PHANTOM STOCK 0.0 deemed execution date 0 ( ) common stock 15,625 $0.00 15,625 direct
PHANTOM STOCK 0.0 deemed execution date 0 ( ) common stock 20,833 $0.00 20,833 direct
STOCK OPTION (RIGHT TO BUY COMMON STOCK) 2.24 deemed execution date 0 ( ) 2027-02-21 common stock 40,000 $2.24 40,000 direct
PHANTOM STOCK 0.0 deemed execution date 0 ( ) common stock 3,472 $0.00 3,472 direct
PHANTOM STOCK 0.0 deemed execution date 0 ( ) common stock 4,143 $0.00 4,143 direct
STOCK OPTION (RIGHT TO BUY COMMON STOCK) 3.03 deemed execution date 0 ( ) 2025-08-11 common stock 50,000 $3.03 50,000 direct
PHANTOM STOCK 0.0 deemed execution date 0 ( ) common stock 1,415 $0.00 1,415 direct
STOCK OPTION (RIGHT TO BUY COMMON STOCK) 3.03 deemed execution date 0 ( ) 2026-02-21 common stock 95,000 $3.03 95,000 direct
PHANTOM STOCK 0.0 deemed execution date 0 ( ) common stock 3,831 $0.00 3,831 direct
PHANTOM STOCK 0.0 deemed execution date 0 ( ) common stock 2,767 $0.00 2,767 direct
PHANTOM STOCK 0.0 deemed execution date 0 ( ) common stock 4,335 $0.00 4,335 direct
PHANTOM STOCK 0.0 deemed execution date 0 ( ) common stock 15,306 $0.00 15,306 direct
Footnotes
IDfootnote
f1 represents the weighted average purchase price of the shares purchased from a low of $1.655 to a high of $1.670 per share.
f2 each share of phantom stock is the economic equivalent of one share of common stock. the shares of phantom stock become payable in common stock on the tenth business day of january of the year following the reporting person's termination of service as a director.
f3 these options were granted on 01/10/2019. the options vest monthly with 100% vesting on the one year anniversary of the date of grant, subject to continued service on the board.
f4 these restricted stock units were granted on 2/16/2018. each restricted stock unit represents the right to receive one share of cormedix inc. common stock. the restricted stock units vest in full on the first anniversary of the date of grant, subject to continued service on the board.
f5 these 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.
f6 these options were granted on 8/12/2015. the options vest as follows: 1/3 on 8/12/2015, 1/3 on 8/12/2016, and 1/3 on 8/12/2017.
f7 these options were granted on 2/21/2016. these options vest in full on the first anniversary of the date of grant, subject to continued service on the board.
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