Accession Number: | 0001213900-20-022568 |
Date: | 2020-08-13 |
Issuer: | CORMEDIX INC. (CRMD) |
Original Submission Date: |
MOUNTS PHOEBE
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 | 2020-08-13 | P | 2,525 | a | $4.03 | 7,200 | 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 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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 |
ID | footnote |
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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. |