David Matthew T. - 02 Jan 2025 Form 4 Insider Report for CorMedix Inc. (CRMD)

Role: Chief Financial Officer
Signature: /s/ Matthew T David
Issuer symbol: CRMD
Transactions as of: 02 Jan 2025
Net transactions value: -$71,087
Form type: 4
Filing time: 06 Jan 2025, 21:40:04 UTC
Previous filing: 17 Jan 2024
Next filing: 14 Jan 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CRMD	Common Stock	Award	$0	+62,500	+130%	$0.000000	110,434	02 Jan 2025	Direct	F1
transaction	CRMD	Common Stock	Tax liability	$71,087	-8,648	-7.8%	$8.22	101,786	02 Jan 2025	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These shares represent restricted stock units granted on 01/02/2025. Each restricted stock unit represents the right to receive one share of CorMedix Inc. common stock. These restricted stock units vest 1/4 on the date of grant, and, subject to continued employment, 1/4 on the first anniversary of the date of grant, 1/4 on the second anniversary of the date of grant and 1/4 on the third anniversary of the date of grant.

Content

These shares represent restricted stock units granted on 01/02/2025. Each restricted stock unit represents the right to receive one share of CorMedix Inc. common stock. These restricted stock units vest 1/4 on the date of grant, and, subject to continued employment, 1/4 on the first anniversary of the date of grant, 1/4 on the second anniversary of the date of grant and 1/4 on the third anniversary of the date of grant.