Form Type: 4

SEC EDGAR Link
Accession Number:0001213900-19-019299
Date:2019-09-26
Issuer: CORMEDIX INC. (CRMD)
Original Submission Date:

Reporting Person:

BALUCH KHOSO
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 2019-09-26 0 $0.00 52,575 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
STOCK OPTION (RIGHT TO BUY COMMON STOCK) 6.82 2019-09-26 deemed execution date A 120,000 (a) 2029-09-26 common stock 120,000 $6.82 120,000 direct
STOCK OPTION (RIGHT TO BUY COMMON STOCK) 8.3 2019-09-26 deemed execution date 0 ( ) 2029-01-10 common stock 80,000 $8.30 80,000 direct
STOCK OPTION (RIGHT TO BUY COMMON STOCK) 12.6 2019-09-26 deemed execution date 0 ( ) 2026-09-30 common stock 250,000 $12.60 250,000 direct
STOCK OPTION (RIGHT TO BUY COMMON STOCK) 12.6 2019-09-26 deemed execution date 0 ( ) 2026-09-30 common stock 60,000 $12.60 60,000 direct
Footnotes
IDfootnote
f1 the options will vest over four (4) years in four (4) equal annual installments on the first four (4) anniversaries of september 26, 2019, provided, in all cases,that executive remains an employee of, or a consultant to, the company through the applicable vesting date.
f2 these options were granted on 1/10/2019. these options vest, subject to continued employment, as follows: 35% of the options vest over time, with 25%vested on the grant date and 25% vesting on the first, second and third anniversaries of the grant date; and 65% of the options vest upon the achievementof certain milestones.
f3 these options were granted 9/30/2016. the option vests as follows: 25% on 10/3/2017, 25% on 10/3/2018, 25% on 10/3/2019, and 25% on 10/3/2020.
f4 these options were granted 9/30/2016. the option vests based on certain performance milestones. if such milestones are met prior to 12/31/18, then theoption will not vest until 12/31/18. the option will be forfeited if such milestones are not met by 10/3/2020.
WhaleWisdom Logo

Elevate your investments