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CorMedix Inc. — Director's Dealing 2010
Apr 1, 2010
32333_dirs_2010-04-01_618fb0f9-962f-42d6-8f88-1ae28e62473f.zip
Director's Dealing
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SEC Form 3/A — Form 3/A
Issuer: CorMedix Inc. (CRMD)
CIK: 0001410098
Period of Report: 2010-03-24
Reporting Person: Gelbfish Gary A. (Director)
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| 8% Convertible Notes | $ | Common Stock, $0.001 par value (165368) | Direct | ||
| 8% Convertible Notes | $ | Common Stock, $0.001 par value (70872) | Indirect | ||
| 8% Noteholder Warrants | $3.4375 | 2016-10-29 | Common Stock, $0.001 par value per share (67200) | Direct | |
| 8% Noteholder Warrants | $3.4375 | 2016-10-29 | Common Stock, $0.001 par value per share (28800) | Indirect |
Footnotes
F1: The outstanding principal amount of the 8% Convertible Notes, and all accrued interest thereon, will automatically convert into shares of common stock at a
conversion price of $2.1875 per share upon the consummation of the Company's initial public offering.
F2: Includes 8% Convertible Notes held by Dr. Gelbfish and his wife, jointly, that are convertible into 94,496 shares of common stock, and 8% Convertible Notes held by
Dr. Gelbfish as custodian for certain of his children that are convertible into 70,872 shares of common stock.
F3: Dr. Gelbfish and his wife are trustees of Landmark Charity Foundation.
F4: These warrants will become exercisable upon the consummation of the Company's initial public offering.
F5: Includes 8% Noteholder Warrants held by Dr. Gelbfish and his wife, jointly, that are exercisable for 38,400 shares of common stock, and 8% Noteholder Warrants
held by Dr. Gelbfish as custodian for certain of his children that are exercisable for 28,800 shares of common stock.