Accession Number: | 0001654954-19-002991 |
Date: | 2019-03-18 |
Issuer: | CORMEDIX INC. (CRMD) |
Original Submission Date: |
DILLIONE JANET
C/O CORMEDIX INC.
400 CONNELL DRIVE, SUITE 5000
BERKELEY HEIGHTS, NJ 07922
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
COMMON STOCK | 2019-03-18 | P | 42,000 | a | $1.67 | 180,909 | direct |
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 Exercisable | Expiration 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 |
ID | footnote |
---|---|
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. |