X0306 4 2020-02-25 false 0001410098 CorMedix Inc. CRMD 0001268675 ARMSTRONG JR. JOHN L. C/O CORMEDIX INC. 400 CONNELL DRIVE, SUITE 5000 BERKELEY HEIGHTS NJ 07922 false true false false Exec VP of Tech Operations Common Stock 69378.0000 D Stock Option (Right to Buy Common Stock) 5.6300 2020-02-25 4 A false 24764.0000 5.6300 A 2030-02-25 Common Stock 24764.0000 24764.0000 D Stock Option (Right to Buy Common Stock) 8.3000 2029-01-10 Common Stock 7830.0000 7830.0000 D Stock Option (Right to Buy Common Stock) 10.9000 2027-03-01 Common Stock 13400.0000 13400.0000 D Stock Option (Right to Buy Common Stock) 7.6000 2024-11-14 Common Stock 2000.0000 2000.0000 D Stock Option (Right to Buy Common Stock) 16.2500 2025-07-28 Common Stock 3000.0000 3000.0000 D Stock Option (Right to Buy Common Stock) 12.5500 2026-03-08 Common Stock 40000.0000 40000.0000 D These options were granted on 02/25/2020. These options vest 1/4 on the date of grant, 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. These options were granted on 1/10/2019. These options vest, subject to continued employment, as follows: 35% of the options vest over time, with 25% vested on the grant date and 25% vesting on the first, second and third anniversaries of the grant date; and 65% of the options vest upon the achievement of certain milestones. These options include options to purchase an aggregate of 1,575 shares that are subject to vesting 50% on January 10, 2021 and 50% on January 10, 2022. The option vests based on certain performance milestones. The option will be forfeited if such milestones are not met by certain dates. These options include options to purchase 6,800 shares that are subject to the achievement of certain milestones. These options vested upon the achievement of certain milestones, subject to continued employment. 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, 2015. 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. 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/ John L. Armstrong Jr. 2020-02-27