Li Jian - 17 Mar 2022 Form 3 Insider Report for DURECT CORP (DRRX)

Role
InterimPrincipalAccountingOfcr
Signature
/s/ Jian Li
Issuer symbol
DRRX
Transactions as of
17 Mar 2022
Net transactions value
$0
Form type
3
Filing time
25 Mar 2022, 19:33:26 UTC
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding DRRX Common Stock 20,481 17 Mar 2022 Direct

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
holding DRRX Stock Option (right to buy) 17 Mar 2022 Common Stock 139,519 $1.21 Direct F1
holding DRRX Stock Option (right to buy) 17 Mar 2022 Common Stock 106,926 $2.09 Direct F1
holding DRRX Stock Option (right to buy) 17 Mar 2022 Common Stock 11,538 $1.36 Direct F1
holding DRRX Stock Option (right to buy) 17 Mar 2022 Common Stock 125,657 $0.8800 Direct F1
holding DRRX Stock Option (right to buy) 17 Mar 2022 Common Stock 8,889 $1.75 Direct F1
holding DRRX Stock Option (right to buy) 17 Mar 2022 Common Stock 95,581 $1.16 Direct F1
holding DRRX Stock Option (right to buy) 17 Mar 2022 Common Stock 11,538 $1.35 Direct F1
holding DRRX Stock Option (right to buy) 17 Mar 2022 Common Stock 115,228 $1.31 Direct F1
holding DRRX Stock Option (right to buy) 17 Mar 2022 Common Stock 11,321 $1.40 Direct F1
holding DRRX Stock Option (right to buy) 17 Mar 2022 Common Stock 128,437 $1.24 Direct F1
holding DRRX Stock Option (right to buy) 17 Mar 2022 Common Stock 75,467 $0.5767 Direct F1
holding DRRX Stock Option (right to buy) 17 Mar 2022 Common Stock 70,000 $0.5767 Direct F2
holding DRRX Stock Option (right to buy) 17 Mar 2022 Common Stock 75,000 $2.11 Direct F2
holding DRRX Stock Option (right to buy) 17 Mar 2022 Common Stock 70,000 $2.03 Direct F2
holding DRRX Stock Option (right to buy) 17 Mar 2022 Common Stock 105,200 $0.8710 Direct F2
holding DRRX Stock Option (right to buy) 17 Mar 2022 Common Stock 50,000 $0.5901 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option is fully vested.
F2 The option vests and becomes exercisable in installments of one-sixteenth (1/16) of the total number of shares at the end of each three month period following the grant date, subject to the Reporting Person providing continuous service to the Issuer through the applicable vesting date.