Paulo F. Costa - Feb 22, 2022 Form 4 Insider Report for CorMedix Inc. (CRMD)

Role
Director
Signature
/s/ Paulo Costa
Stock symbol
CRMD
Transactions as of
Feb 22, 2022
Transactions value $
$0
Form type
4
Date filed
2/23/2022, 03:29 PM
Previous filing
May 17, 2021
Next filing
Jan 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 +20K $0.00 20K Feb 22, 2022 Common Stock 20K $4.03 Direct F4
holding CRMD Stock Option (Right to Buy Common Stock) 20K Feb 22, 2022 Common Stock 20K $8.32 Direct F1
holding CRMD Stock Option (Right to Buy Common Stock) 20K Feb 22, 2022 Common Stock 20K $4.57 Direct F2
holding CRMD Stock Option (Right to Buy Common Stock) 3.75K Feb 22, 2022 Common Stock 3.75K $4.57 Direct F3
* 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 1/11/2021. The options are fully vested.
F2 These options were granted on 09/15/2020. 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 date of grant, subject to continued service on the board.
F3 These options were granted on 09/15/2020. These options are fully vested.
F4 These options were granted on 2/22/2022. The options vest monthly with full vesting on the one year anniversary of the date of grant, subject to continued service on the board.