Peter S. Garcia - Dec 13, 2021 Form 4 Insider Report for DURECT CORP (DRRX)

Role
Director
Signature
/s/ Peter S. Garcia
Stock symbol
DRRX
Transactions as of
Dec 13, 2021
Transactions value $
$0
Form type
4
Date filed
12/14/2021, 06:06 PM
Previous filing
Oct 19, 2021
Next filing
Feb 8, 2022

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 +70K $0.00 70K Dec 13, 2021 Common Stock 70K $0.98 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option will vest and become exercisable in installments of one-third of the total number of shares on each anniversary of the grant date.