4//SEC Filing
ARMSTRONG JR. JOHN L. 4
Accession 0001213900-20-012021
CIK 0001410098other
Filed
May 12, 8:00 PM ET
Accepted
May 13, 4:44 PM ET
Size
18.7 KB
Accession
0001213900-20-012021
Insider Transaction Report
Form 4
CorMedix Inc.CRMD
ARMSTRONG JR. JOHN L.
Exec VP of Tech Operations
Transactions
- Award
Stock Option (Right to Buy Common Stock)
2020-05-11$4.08/sh+37,500$153,000→ 37,500 totalExercise: $4.08Exp: 2030-05-11→ Common Stock (37,500 underlying) - Award
Stock Option (Right to Buy Common Stock)
2020-05-11$5.63/sh+37,500$211,125→ 37,500 totalExercise: $5.63Exp: 2030-05-11→ Common Stock (37,500 underlying)
Holdings
- 3,000
Stock Option (Right to Buy Common Stock)
Exercise: $16.25Exp: 2025-07-28→ Common Stock (3,000 underlying) - 69,378
Common Stock
- 24,764
Stock Option (Right to Buy Common Stock)
Exercise: $5.63Exp: 2030-02-25→ Common Stock (24,764 underlying) - 7,830
Stock Option (Right to Buy Common Stock)
Exercise: $8.30Exp: 2029-01-10→ Common Stock (7,830 underlying) - 13,400
Stock Option (Right to Buy Common Stock)
Exercise: $10.90Exp: 2027-03-01→ Common Stock (13,400 underlying) - 40,000
Stock Option (Right to Buy Common Stock)
Exercise: $12.55Exp: 2026-03-08→ Common Stock (40,000 underlying) - 2,000
Stock Option (Right to Buy Common Stock)
Exercise: $7.60Exp: 2024-11-14→ Common Stock (2,000 underlying)
Footnotes (7)
- [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]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 achievement of certain milestones. These options include options to purchase an aggregate of 1,575 shares that are subject to vesting 50% on January 10, 2021 and 50% on January 10, 2022.
- [F4]The option vests based on certain performance milestones. The option will be forfeited if such milestones are not met by certain dates. These options include options to purchase 6,800 shares that are subject to the achievement of certain milestones.
- [F5]These options vested upon the achievement of certain milestones, subject to continued employment.
- [F6]One third of these options vested upon the achievement of a certain milestone and one third vested on each of December 31, 2015 and July 28, 2015.
- [F7]15,000 of these options vested monthly over four years, beginning on March 9, 2016, 20,000 vest upon the achievement of a certain milestone, subject to continued employment, and the rest vested upon the achievement of certain milestones.
Documents
Issuer
CorMedix Inc.
CIK 0001410098
Entity typeother
Related Parties
1- filerCIK 0001268675
Filing Metadata
- Form type
- 4
- Filed
- May 12, 8:00 PM ET
- Accepted
- May 13, 4:44 PM ET
- Size
- 18.7 KB