Mounts Phoebe 4
4 · CorMedix Inc. · Filed Aug 17, 2020
Insider Transaction Report
Form 4
CorMedix Inc.CRMD
Mounts Phoebe
General Counsel
Transactions
- Purchase
Common Stock
2020-08-13$4.03/sh+2,525$10,176→ 7,200 total
Holdings
- 24,764
Stock Option (Right to Buy Common Stock)
Exercise: $5.63Exp: 2030-02-25→ Common Stock (24,764 underlying) - 70,000
Stock Option (Right to Buy Common Stock)
Exercise: $7.92Exp: 2029-05-01→ Common Stock (70,000 underlying) - 50,000
Stock Option (Right to Buy Common Stock)
Exercise: $5.63Exp: 2030-05-11→ Common Stock (50,000 underlying) - 50,000
Stock Option (Right to Buy Common Stock)
Exercise: $4.08Exp: 2030-05-11→ Common Stock (50,000 underlying)
Footnotes (3)
- [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.