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CorMedix Inc. Director's Dealing 2013

Dec 16, 2013

32333_dirs_2013-12-16_61c32a6a-57c8-4a66-8c42-46412f8cbfaf.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CorMedix Inc. (CRMD)
CIK: 0001410098
Period of Report: 2013-12-13

Reporting Person: Lefkowitz Steven W (Director, Interim Chief Financial Ofcr)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2013-12-16 Common Stock, $0.001 par value per share P 7500 $0.74 Acquired 141929 Direct
2013-12-13 Common Stock, $0.001 par value per share P 10500 $0.8 Acquired 134429 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2013-11-13 Senior Convertible Note (convertible into Common Stock) $0.35 C 42857 Disposed 2013-11-13 Common Stock, $0.001 par value per share (42857) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock, $0.001 par value per share 100000 Indirect
Common Stock, $0.01 par value per share 1000 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Warrant (right to purchase Common Stock) $3.4375 2015-03-24 Common Stock, $0.001 par value per share (5000) 5000 Direct
Stock Option (right to buy) $0.9 2023-03-20 Common Stock, $0.001 par value per share (120000) 120000 Direct
Stock Option (right to buy) $0.68 2022-12-05 Common Stock, $0.001 par value per share (150000) 150000 Direct
Warrant (right to purchase Common Stock) $0.4 2017-11-13 Common Stock, $0.001 par value per share (37500) 37500 Direct
Warrant (right to purchase Common Stock) $0.4 2017-09-20 Common Stock, $0.001 par value per share (87500) 87500 Indirect
Stock Option (right to buy) $0.29 2022-01-06 Common Stock, $0.001 par value per share (30000) 30000 Direct
Stock Option (right to buy) $1.1 2021-08-11 Common Stock, $0.001 par value per share (30000) 30000 Direct
Warrant $3.4375 2015-03-24 Common Stock, $0.001 par value per share (19536) 19536 Direct

Footnotes

F1: The reporting person beneficially owns these securities through Wade Capital Corporation Money Purchase Plan (an entity for which he has voting and investment control).

F2: These options vest quarterly over two years beginning June 13, 2013.

F3: These options vest as follows: (a) fifty percent (50%) on the date of issuance of the CE Mark certification for Neutrolin in Europe, which occuured on July 5, 2013, and (b) fifty percent (50%) on December 31, 2013.

F4: The options vest in full on the first anniversary of the date of grant.

F5: The options vest ratably, one-third of which will vest on each of the grant date, the first anniversary and the second anniversary thereof.

F6: (Right to buy Common Stock, $0.001 par value per share)

F7: The warrants were issued as part of the Company's initial public offering in March 2010 and were exercisable beginning six months after the effective date of the Company's registration statement related thereto.

F8: The reporting person's Form 4 filed September 23, 2013 mistakenly indicated the total number of securities beneficially owned was 181,072, when in fact the total number of securities beneficially owned is 100,000.