Mounts Phoebe 4
4 · CorMedix Inc. · Filed Nov 3, 2021
Insider Transaction Report
Form 4
CorMedix Inc.CRMD
Mounts Phoebe
General Counsel
Transactions
- Award
Stock Option (Right to Buy Common Stock)
2021-11-01→ 100,000 totalExercise: $5.56Exp: 2031-11-01→ Common Stock (100,000 underlying)
Holdings
- 24,764
Stock Option (Right to Buy Common Stock)
Exercise: $5.63Exp: 2030-02-25→ Common Stock (24,764 underlying) - 7,200
Common Stock
- 50,000
Stock Option (Right to Buy Common Stock)
Exercise: $4.08Exp: 2030-05-11→ Common Stock (50,000 underlying) - 140,000
Stock Option (Right to Buy Common Stock)
Exercise: $8.32Exp: 2031-01-11→ Common Stock (140,000 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)
Footnotes (5)
- [F1]These options were granted on 11/1/2021. These options vest 1/4 on the date of grant, and, subject to continued employment, 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 1/11/2021. These options vest, subject to continued employment, as follows: 50% of the options vest over time, with 25% vested on the grant date and 25% vesting in equal thirds on the first, second and third anniversaries of the grant date; and 50% of the options vest upon the achievement of certain milestones.
- [F3]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.
- [F4]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.
- [F5]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.