Gail J. Maderis - Sep 25, 2024 Form 4 Insider Report for DURECT CORP (DRRX)

Role
Director
Signature
/s/ Gail J. Maderis
Stock symbol
DRRX
Transactions as of
Sep 25, 2024
Transactions value $
$0
Form type
4
Date filed
9/27/2024, 04:18 PM
Previous filing
Jun 23, 2023

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 +5.5K $0.00 5.5K Sep 25, 2024 Common Stock 5.5K $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.