CorMedix Inc. 4
4 · CorMedix Inc. · Filed Feb 23, 2017
Insider Transaction Report
Form 4
CorMedix Inc.CRMD
GEORGE MICHAEL W
Director
Transactions
- Award
Stock Option (Right to Buy Common Stock)
2017-02-21+40,000→ 40,000 totalExercise: $2.24Exp: 2027-02-21→ Common Stock (40,000 underlying) - Award
Restricted Stock Units
2017-02-21+12,232→ 12,232 total→ Common Stock (12,232 underlying)
Holdings
- 2,459
Phantom Stock
Exercise: $0.00→ Common Stock (2,459 underlying) - 3,968
Phantom Stock
Exercise: $0.00→ Common Stock (3,968 underlying) - 30,000
Stock Option (Right to Buy Common Stock)
Exercise: $2.79Exp: 2024-02-27→ Common Stock (30,000 underlying) - 3,125
Phantom Stock
Exercise: $0.00→ Common Stock (3,125 underlying) - 90,000
Stock Option (Right to Buy Common Stock)
Exercise: $1.91Exp: 2026-02-21→ Common Stock (90,000 underlying) - 2,767
Phantom Stock
Exercise: $0.00→ Common Stock (2,767 underlying) - 3,472
Phantom Stock
Exercise: $0.00→ Common Stock (3,472 underlying) - 4,143
Phantom Stock
Exercise: $0.00→ Common Stock (4,143 underlying) - 15,000
Stock Option (Right to Buy Common Stock)
Exercise: $2.11Exp: 2024-04-05→ Common Stock (15,000 underlying) - 50,000
Stock Option (Right to Buy Common Stock)
Exercise: $5.62Exp: 2025-03-01→ Common Stock (50,000 underlying) - 1,847
Phantom Stock
Exercise: $0.00→ Common Stock (1,847 underlying) - 1,176
Phantom Stock
Exercise: $0.00→ Common Stock (1,176 underlying) - 4,335
Phantom Stock
Exercise: $0.00→ Common Stock (4,335 underlying)
Footnotes (4)
- [F1]These options vest in full on the first anniversary of the date of grant, subject to continued service on the board.
- [F2]Each restricted stock unit represents the right to receive one share of CorMedix Inc. common stock The restricted stock units vest in full on the first anniversary of the date of grant, subject to continued service on the board.
- [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.
- [F4]5,000 shares vest upon completion of the April 2014 milestone, 10,000 shares vest upon completion of another milestone by the third quarter of 2014.