Simon X. Benito - Jun 15, 2021 Form 4 Insider Report for DURECT CORP (DRRX)

Role
Director
Signature
/s/ Simon X. Benito
Stock symbol
DRRX
Transactions as of
Jun 15, 2021
Transactions value $
$0
Form type
4
Date filed
6/16/2021, 04:31 PM
Previous filing
May 17, 2021
Next filing
Dec 9, 2021

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 +55K $0.00 55K Jun 15, 2021 Common Stock 55K $1.66 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 shares subject to this grant dated June 15, 2021 shall vest on the day before the first year anniversary of the grant date.