Robert A. Stewart - Apr 13, 2023 Form 4 Insider Report for CorMedix Inc. (CRMD)

Role
Director
Signature
/s/ Robert A. Stewart
Stock symbol
CRMD
Transactions as of
Apr 13, 2023
Transactions value $
$0
Form type
4
Date filed
4/17/2023, 04:06 PM
Next filing
May 18, 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CRMD Stock Option (Right to Buy Common Stock) Award $0 +25K $0.00 25K Apr 13, 2023 Common Stock 25K $5.25 Direct F1
transaction CRMD Stock Option (Right to Buy Common Stock) Award $0 +14.2K $0.00 14.2K Apr 13, 2023 Common Stock 14.2K $5.25 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These options were granted on 04/13/2023. One-third of the options vested on the date of grant. One-third of the options will vest on each of the first and second anniversaries of the grant, subject to continued service on the board of directors.
F2 These options were granted on 04/13/2023 and are subject to monthly vesting in equal installments during the one-year period beginning on 05/23/2023, subject to continued service on the board of directors.