4//SEC Filing
ARMSTRONG JR. JOHN L. 4
Accession 0001654954-17-011649
CIK 0001410098other
Filed
Dec 13, 7:00 PM ET
Accepted
Dec 14, 4:08 PM ET
Size
11.8 KB
Accession
0001654954-17-011649
Insider Transaction Report
Form 4
CorMedix Inc.CRMD
ARMSTRONG JR. JOHN L.
Exec VP of Tech Operations
Transactions
- Purchase
Common Stock
2017-12-12$0.48/sh+20,833$10,000→ 20,833 total
Holdings
- 15,000
Stock Option (Right to Buy Common Stock)
Exercise: $3.25Exp: 2025-07-28→ Common Stock (15,000 underlying) - 200,000
Stock Option (Right to Buy Common Stock)
Exercise: $2.51Exp: 2026-03-08→ Common Stock (200,000 underlying) - 10,000
Stock Option (Right to Buy Common Stock)
Exercise: $1.52Exp: 2024-11-14→ Common Stock (10,000 underlying) - 100,000
Stock Option (Right to Buy Common Stock)
Exercise: $2.18Exp: 2025-03-01→ Common Stock (100,000 underlying) - 36,057
Restricted Stock Units
Exp: 2027-02-28→ Common Stock (36,057 underlying)
Footnotes (6)
- [F1]Purchase was contracted on November 17, 2017, but not closed until December 12, 2017.
- [F2]The option vests based on certain performance milestones, subject to continued employment. The option will be forfeited if such milestones are not met by certain dates.
- [F3]Each restricted stock unit represents the right to receive one share of CorMedix Inc. common stock. The restricted stock units vest 50% on December 31, 2017 and 50% on December 31, 2018, subject to continued employment.
- [F4]These options vested upon the achievement of certain milestones, subject to continued employment.
- [F5]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.
- [F6]15,000 of these options vest 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
- Dec 13, 7:00 PM ET
- Accepted
- Dec 14, 4:08 PM ET
- Size
- 11.8 KB