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4//SEC Filing

ARMSTRONG JR. JOHN L. 4

Accession 0001654954-18-001714

CIK 0001410098other
View on SEC.govCompany Profile

Filed

Feb 19, 7:00 PM ET

Accepted

Feb 20, 4:00 PM ET

Size

13.2 KB

Accession

0001654954-18-001714

Insider Transaction Report

Form 4
Period: 2018-02-16
CorMedix Inc.CRMD
ARMSTRONG JR. JOHN L.
Exec VP of Tech Operations
Transactions
  • Award

    Stock Option (Right to Buy Common Stock)

    2018-02-16+45,000→ 45,000 total
    Exercise: $0.57Exp: 2028-02-16→ Common Stock (45,000 underlying)
Holdings

  • Common Stock

    20,833

  • Stock Option (Right to Buy Common Stock)

    Exercise: $2.18Exp: 2025-03-01→ Common Stock (100,000 underlying)
    100,000

  • Stock Option (Right to Buy Common Stock)

    Exercise: $1.52Exp: 2024-11-14→ Common Stock (10,000 underlying)
    10,000

  • Stock Option (Right to Buy Common Stock)

    Exercise: $2.51Exp: 2026-03-08→ Common Stock (200,000 underlying)
    200,000

  • Restricted Stock Units

    Exp: 2027-02-28→ Common Stock (36,057 underlying)
    36,057

  • Stock Option (Right to Buy Common Stock)

    Exercise: $3.25Exp: 2025-07-28→ Common Stock (15,000 underlying)
    15,000
Footnotes (6)
  • [F1]The options vest 25% on the date of grant (2/16/2018), and 25% on the first, second and third anniversaries of the date of grant, subject to Optionee's continued service through such date.
  • [F2]The option vests based on certain performance milestones. 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

1 file

Issuer

CorMedix Inc.

CIK 0001410098

→
Entity typeother

Related Parties

1
  • filerCIK 0001268675

Filing Metadata

Form type
4
Filed
Feb 19, 7:00 PM ET
Accepted
Feb 20, 4:00 PM ET
Size
13.2 KB
View on SEC.gov