MOHAMMAD AZAB - 25 Sep 2024 Form 4 Insider Report for DURECT CORP (DRRX)

Role
Director
Signature
/s/ Mohammad Azab
Issuer symbol
DRRX
Transactions as of
25 Sep 2024
Net transactions value
$0
Form type
4
Filing time
27 Sep 2024, 16:16:26 UTC
Previous filing
11 Jan 2024
Next filing
13 Jan 2025
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DRRX Stock Option (right to buy) Award $0 +5,500 $0.000000 5,500 25 Sep 2024 Common Stock 5,500 $1.22 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 100% of the total number of shares subject to this option grant shall vest and become exercisable on the day before the first anniversary of the date of grant, subject to the Reporting Person continuing to provide services to the Company through the vesting date.