CorMedix Inc. 4
4 · CorMedix Inc. · Filed Feb 24, 2016
Insider Transaction Report
Form 4
CorMedix Inc.CRMD
GEORGE MICHAEL W
Director
Transactions
- Award
Stock Option (right to buy)
2016-02-22$1.91/sh+90,000$171,900→ 90,000 totalExercise: $1.91Exp: 2026-02-21→ Common Stock (90,000 underlying)
Holdings
- 1,176
Phantom Stock
→ Common Stock (1,176 underlying) - 50,000
Stock Option (right to buy)
Exercise: $5.62Exp: 2025-03-01→ Common Stock (50,000 underlying) - 2,459
Phantom Stock
→ Common Stock (2,459 underlying) - 3,125
Phantom Stock
→ Common Stock (3,125 underlying) - 1,847
Phantom Stock
→ Common Stock (1,847 underlying) - 15,000
Stock Option (right to buy)
Exercise: $2.11Exp: 2024-04-05→ Common Stock (15,000 underlying) - 30,000
Stock Option (right to buy)
Exercise: $2.79Exp: 2024-02-27→ Common Stock (30,000 underlying)
Footnotes (3)
- [F1]5,000 vest upon completion of an April 2014 milestone; 10,000 vest upon completion of another milestone by the third quarter of 2014.
- [F2]These options vest in full on the first anniversary of the date of grant.
- [F3]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.