1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security |
5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Stock Option (Right to Buy Common Stock)
|
Â
(1)
|
11/14/2024 |
Common Stock
|
10,000
|
$
0
|
D
|
Â
|
Stock Option (Right to Buy Common Stock)
|
Â
(2)
|
07/28/2025 |
Common Stock
|
15,000
|
$
0
|
D
|
Â
|
Stock Option (Right to Buy Common Stock)
|
Â
(3)
|
03/08/2026 |
Common Stock
|
200,000
|
$
0
|
D
|
Â
|
Restricted Stock Units
|
Â
(4)
|
02/28/2027 |
Common Stock
|
36,057
|
$
0
|
D
|
Â
|
* |
If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** |
Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) |
These options vested upon the achievement of certain milestones, subject to continued employment. |
(2) |
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, 2016. |
(3) |
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. |
(4) |
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. |