FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Pfaffle Antony
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
__ X __ Officer (give title below)      _____ Other (specify below)
Chief Scientific Officer
(Last)          (First)          (Middle)

C/O CORMEDIX INC., 1430 US HIGHWAY 206, SUITE 200
3. Date of Earliest Transaction (MM/DD/YYYY)

10/21/2016
(Street)

BEDMINSTER, NJ 07921
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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, $0.001 par value per share   10/21/2016     M    20000   A $0.68   20000   D    
Common Stock, $0.001 par value per share   10/21/2016     S (1)    20000   D $2.23   (2) 0   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 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 of Derivative Security: 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)   $0.68   10/21/2016     M   (1)       20000      (3) 12/5/2022   Common Stock, $0.001 par value per share   20000   $0.00   80000   D    
Stock Option (right to buy)   $3.125                      (4) 3/30/2020   Common Stock, $0.001 par value per share   20000     20000   D    
Stock Option (right to buy)   $2.10                      (5) 1/14/2021   Common Stock, $0.001 par value per share   30000     30000   D    
Stock Option (right to buy)   $0.90                      (6) 3/22/2023   Common Stock, $0.001 par value per share   210000     210000   D    
Stock Option (right to buy)   $2.02                      (7) 1/9/2024   Common Stock, $0.001 par value per share   30000     30000   D    
Stock Option (right to buy)   $2.02                      (8) 1/9/2024   Common Stock, $0.001 par value per share   100000     100000   D    
Stock Option (right to buy)   $2.27                      (9) 4/1/2024   Common Stock, $0.001 par value per share   100000     100000   D    
Stock Option (right to buy)   $5.00                      (10) 2/24/2025   Common Stock, $0.001 par value per share   75000     75000   D    

Explanation of Responses:
( 1)  This exercise and sale was effected pursuant to a Rule 10b5-1 trading plan executed by the reporting person on September 19, 2016.
( 2)  The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.226 to $2.228, inclusive.
( 3)  These options vested as follows: (a) fifty percent (50%) on the date of the issuance of the CE mark certification, which occurred on July 5th, 2013, and (b) fifty percent (50%) on December 31, 2013.
( 4)  These options vested as follows: 1/3 on March 30, 2010; an additional 1/3 on March 30, 2011; and the remaining 1/3 on March 30, 2012.
( 5)  These options vested on January 14, 2012.
( 6)  These options vest based on performance milestones running through December 31, 2014.
( 7)  The options vest in full on the first anniversary of the date of grant.
( 8)  The options vested 100% on January 10, 2014.
( 9)  The options vested 100% on April 2, 2014.
( 10)  These options were granted on February 24, 2015, and vested immediately.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Pfaffle Antony
C/O CORMEDIX INC.
1430 US HIGHWAY 206, SUITE 200
BEDMINSTER, NJ 07921
X
Chief Scientific Officer

Signatures
/s/ Alexander M. Donaldson, with a Power of Attorney for Antony E. Pfaffle, M.D. 10/25/2016
** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
CorMedix (AMEX:CRMD)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more CorMedix Charts.
CorMedix (AMEX:CRMD)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more CorMedix Charts.