Gail M. Farfel - May 16, 2022 Form 4 Insider Report for DURECT CORP (DRRX)

Role: Director
Signature: /s/ Gail M. Farfel
Stock symbol: DRRX
Transactions as of: May 16, 2022
Transactions value $: $22,012
Form type: 4
Date filed: 5/18/2022, 08:35 PM
Previous filing: May 13, 2022
Next filing: Jun 10, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DRRX	Common Stock	Purchase	$9.81K	+25.3K	+56.49%	$0.39	70.1K	May 16, 2022	Direct	F1
transaction	DRRX	Common Stock	Purchase	$12.2K	+29.9K	+42.68%	$0.41	100K	May 18, 2022	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions. Prices ranged from $0.3734 to $0.4150 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F2	The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions. Prices ranged from $0.4023 to $0.4136 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

Content

The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions. Prices ranged from $0.3734 to $0.4150 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions. Prices ranged from $0.4023 to $0.4136 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.