Ownership Submission
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

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
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 (Month/Day/Year)
05/01/2017
(Street)

BEDMINSTER, NJ 07921
4. If Amendment, Date 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
(City)
(State)
(Zip)
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 05/01/2017   P   4,800 (1) A $ 0.6575 124,821 D  

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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 Underlying Securities
(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 Common Stock) $ 2.24               (2) 02/21/2027 Common Stock 40,000   40,000 D  
Restricted Stock Units (3)               (3)   (3) Common Stock 20,714   20,714 D  
Phantom Stock $ 0 (4)               (4)   (4) Common Stock 3,472   3,472 D  
Phantom Stock $ 0 (4)               (4)   (4) Common Stock 4,143   4,143 D  
Stock Option (Right to Buy Common Stock) $ 2.05               (5) 04/03/2024 Common Stock 30,000   30,000 D  
Stock Option (Right to Buy Common Stock) $ 5.62               (2) 03/01/2025 Common Stock 50,000   50,000 D  
Phantom Stock $ 0 (4)               (4)   (4) Common Stock 4,205   4,205 D  
Phantom Stock $ 0 (4)               (4)   (4) Common Stock 2,873   2,873 D  
Phantom Stock $ 0 (4)               (4)   (4) Common Stock 1,371   1,371 D  
Phantom Stock $ 0 (4)               (4)   (4) Common Stock 2,868   2,868 D  
Phantom Stock $ 0 (4)               (4)   (4) Common Stock 3,645   3,645 D  
Stock Option (Right to Buy Common Stock) $ 1.91               (2) 02/21/2026 Common Stock 100,000   100,000 D  
Phantom Stock $ 0 (4)               (4)   (4) Common Stock 4,104   4,104 D  
Phantom Stock $ 0 (4)               (4)   (4) Common Stock 2,767   2,767 D  
Phantom Stock $ 0 (4)               (4)   (4) Common Stock 4,335   4,335 D  

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   05/03/2017
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) The purchase was effected pursuant to a Rule 10b5-1 trading plan executed by the reporting person on August 19, 2016.
(2) These options vest in full on the first anniversary of the date of grant, subject to continued service on the board.
(3) Each restricted stock unit represents the right to receive one share of CorMedix Inc. common stock. The restricted stock units vest in full on the first anniversary of the date of grant, subject to continued service on the board.
(4) 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.
(5) 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.

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