Myron Kaplan - 17 May 2022 Form 4 Insider Report for CorMedix Inc. (CRMD)

Role
Director
Signature
/s/ Myron Kaplan
Issuer symbol
CRMD
Transactions as of
17 May 2022
Net transactions value
+$18,900
Form type
4
Filing time
18 May 2022, 17:21:07 UTC
Previous filing
23 Feb 2022
Next filing
18 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRMD Common Stock Purchase $18,900 +5,000 +3.2% $3.78 160,034 17 May 2022 Direct F1
holding CRMD Common Stock 20,000 17 May 2022 Spouse F2
holding CRMD Common Stock 10,000 17 May 2022 Spouse as Guardian for Grandchildren F2

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
holding CRMD Stock Option (Right to Buy Common Stock) 20,000 17 May 2022 Common Stock 20,000 $4.03 Direct F3
holding CRMD Stock Option (Right to Buy Common Stock) 30,000 17 May 2022 Common Stock 30,000 $8.32 Direct F4
holding CRMD Stock Option (Right to Buy Common Stock) 15,000 17 May 2022 Common Stock 15,000 $5.63 Direct F5
holding CRMD Stock Option (Right to Buy Common Stock) 15,000 17 May 2022 Common Stock 15,000 $8.30 Direct F6
holding CRMD Stock Option (Right to(Right to Buy Common Stock) 8,000 17 May 2022 Common Stock 8,000 $2.85 Direct F7
holding CRMD Stock Option (Right to Buy Common Stock) 8,000 17 May 2022 Common Stock 8,000 $11.20 Direct F8
holding CRMD Stock Option (Right to Buy Common Stock) 1,000 17 May 2022 Common Stock 10,000 $21.40 Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.77 to $3.79, inclusive. The reporting person undertakes to provide CorMedix Inc., any security holder of CorMedix Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote to this Form 4.
F2 The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
F3 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.
F4 These options were granted on 1/11/2021. These options are fully vested.
F5 These options were granted on 2/25/2020. These options are fully vested.
F6 These options were granted on 1/10/2019. These options are fully vested.
F7 These options were granted on 2/16/2018. These options are fully vested.
F8 These options were granted on 2/21/2017. These options are fully vested.
F9 These options were granted on 4/28/2016. These options are fully vested.