Form Type: 4

SEC EDGAR Link
Accession Number:0001213900-20-022568
Date:2020-08-13
Issuer: CORMEDIX INC. (CRMD)
Original Submission Date:

Reporting Person:

MOUNTS PHOEBE
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 2020-08-13 P 2,525 a $4.03 7,200 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) 5.63 deemed execution date 0 ( ) 2030-05-11 common stock 50,000 $5.63 50,000 direct
STOCK OPTION (RIGHT TO BUY COMMON STOCK) 4.08 deemed execution date 0 ( ) 2030-05-11 common stock 50,000 $4.08 50,000 direct
STOCK OPTION (RIGHT TO BUY COMMON STOCK) 5.63 deemed execution date 0 ( ) 2030-02-25 common stock 24,764 $5.63 24,764 direct
STOCK OPTION (RIGHT TO BUY COMMON STOCK) 7.92 deemed execution date 0 ( ) 2029-05-01 common stock 70,000 $7.92 70,000 direct
Footnotes
IDfootnote
f1 these options were granted on 05/11/2020. these options vest 1/4 on the date of grant, 1/4 on the first anniversary of the date of grant, 1/4 on the second anniversary of the date of grant and 1/4 on the third anniversary of the date of grant.
f2 these options were granted on 02/25/2020. these options vest 1/4 on the date of grant, 1/4 on the first anniversary of the date of grant, 1/4 on the second anniversary of the date of grant and 1/4 on the third anniversary of the date of grant.
f3 the options vest as follows: 42,000 vest in equal fourths on may 1 of each of 2020, 2021, 2022 and 2023 and 28,000 vest upon the achievement of designated milestones.
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