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
                                                                                  
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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 *

TELLEZ CORA M
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)
(Last)          (First)          (Middle)

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

11/14/2016
(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                  110961   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
Common Stock   $0   (1) 11/14/2016   11/14/2016   P      4143   (2)        (1)   (1) Common Stock   4143   $0   4143   D    
Stock Option (Right to Buy Common Stock)   $2.05                      (3) 4/3/2024   Common Stock   30000     30000   D    
Stock Option (Right to buy Common Stock)   $5.62                      (4) 3/1/2025   Common Stock   50000     50000   D    
Phantom Stock   $0   (1)                    (1)   (1) Common Stock   4205     4205   D    
Phantom Stock   $0   (1)                    (1)   (1) Common Stock   2873     2873   D    
Phantom Stock   $0   (1)                    (1)   (1) Common Stock   1371     1371   D    
Phantom Stock   $0   (1)                    (1)   (1) Common Stock   2868     2868   D    
Phantom Stock   $0   (1)                    (1)   (1) Common Stock   3645     3645   D    
stock Option (Right to buy Common Stock)   $1.91                      (4) 2/21/2026   Common Stock   100000     100000   D    
Phantom Stock   $0   (1)                    (1)   (1) Common Stock   4104     4104   D    
Phantom Stock   $0   (1)                    (1)   (1) Common Stock   2767     2767   D    
Phantom Stock   $0   (1)                    (1)   (1) Common Stock   4335     4335   D    

Explanation of Responses:
( 1)  Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable in common stock on the tenth business day of January of the year following the reporting person's termination of service as a director.
( 2)  These shares were credited automatically to the reporting person's account pursuant to the reporting person's election to defer the receipt of cash compensation for directors' fees.
( 3)  The options vest 1/3 on the date of grant, 1/3 on the first anniversary of the date of grant, and 1/3 on the second anniversary of the date of grant.
( 4)  The options vest in full on the first anniversary of the date of grant.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
TELLEZ CORA M
C/O CORMEDIX INC.
1430 HIGHWAY 206, SUITE 200
BEDMINSTER, NJ 07921
X



Signatures
/s/ Alexander M. Donaldson, by Power of Attorney 11/16/2016
** 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.
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