MOHAMMAD AZAB - 24 May 2022 Form 4 Insider Report for DURECT CORP (DRRX)

Role: Director
Signature: /s/ Mohammad Azab
Issuer symbol: DRRX
Transactions as of: 24 May 2022
Net transactions value: +$11,638
Form type: 4
Filing time: 25 May 2022, 20:03:03 UTC
Previous filing: 18 May 2022
Next filing: 17 Jun 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DRRX	Common Stock	Purchase	$1,962	+5,000	+17%	$0.3925	35,000	24 May 2022	Direct
transaction	DRRX	Common Stock	Purchase	$1,942	+5,000	+14%	$0.3884	40,000	24 May 2022	Direct
transaction	DRRX	Common Stock	Purchase	$1,894	+5,000	+12%	$0.3789	45,000	24 May 2022	Direct
transaction	DRRX	Common Stock	Purchase	$3,889	+10,000	+22%	$0.3889	55,000	24 May 2022	Direct	F1
transaction	DRRX	Common Stock	Purchase	$1,950	+5,000	+9.1%	$0.3900	60,000	24 May 2022	Direct

* 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 $0.3884 to $0.39 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 $0.3884 to $0.39 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.