Kaplan Myron Form 4 CorMedix / Myron Kaplan ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Kaplan Myron

(Last) (First) (Middle)

C/O CORMEDIX INC. 300 CONNELL DRIVE

300 CONNELL DRIVE, SUITE 4200

(Street)

BERKELEY HEIGHTS NJ 07922

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CorMedix Inc. [ CRMD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
12/27/2021

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	12/27/2021		G(7)		20,000	D	$0.0000	155,034	D
Common Stock	12/27/2021		G(7)		5,000	D	$0.0000	150,034	D
Common Stock	12/27/2021		G(7)		5,000	D	$0.0000	145,034	D
Common Stock	12/27/2021		G(7)		5,000	D	$0.0000	140,034	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Right to Buy Common Stock)	$8.32							(1)	01/11/2031	Common Stock	30,000		3,000	D
Stock Option (Right to Buy Common Stock)	$5.63							(2)	02/25/2030	Common Stock	1,500		1,500	D
Stock Option (Right to Buy Common Stock)	$8.3							(3)	01/10/2029	Common Stock	1,500		1,500	D
Stock Option (Right to Buy Common Stock)	$2.85							(4)	02/16/2028	Common Stock	8,000		8,000	D
Stock Option (Right to Buy Common Stock)	$11.2							(5)	02/21/2027	Common Stock	8,000		8,000	D
Stock Option (Right to Buy Common Stock)	$21.4							(6)	04/28/2026	Common Stock	1,000		10,000	D

Explanation of Responses:

1. These options were granted on 1/11/2021. The options vest monthly with full vesting on the one year anniversary of the date of grant, subject to continued service on the board.

2. These options were granted on 02/25/2020. These options are fully vested.

3. These options were granted on 01/10/2019. These options are fully vested.

4. These options were granted on 02/16/2018. These options are fully vested.

5. These options were granted on 02/21/2017. These options are fully vested.

6. These options were granted on 4/28/2016. These options are fully vested.

7. The reporting person gifted these shares of common stock to his family members. The reporting person is not deemed to be the beneficial owner of these shares.

Remarks:

The Issuer effected a 1-for-5 reverse stock split of its common stock on March 26, 2019. All share and per share exercise price amounts shown in this Form 4 have been adjusted to reflect the reverse stock split.

	/s/ Myron Kaplan	12/29/2021
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (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).
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