Gail J. Maderis - 09 Aug 2022 Form 4 Insider Report for DURECT CORP (DRRX)

Role
Director
Signature
/s/ Gail J. Maderis
Issuer symbol
DRRX
Transactions as of
09 Aug 2022
Net transactions value
+$117,142
Form type
4
Filing time
11 Aug 2022, 20:28:52 UTC
Previous filing
17 Jun 2022
Next filing
12 Aug 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 $45,158 +70,307 $0.6423 70,307 09 Aug 2022 By Gail J. Maderis Revocable Trust dtd 04-08-2013 Gail Maderis TTEE F1
transaction DRRX Common Stock Purchase $54,661 +79,693 +113% $0.6859 150,000 10 Aug 2022 By Gail J. Maderis Revocable Trust dtd 04-08-2013 Gail Maderis TTEE F2
transaction DRRX Common Stock Purchase $17,322 +24,796 +17% $0.6986 174,796 11 Aug 2022 By Gail J. Maderis Revocable Trust dtd 04-08-2013 Gail Maderis TTEE F3
* 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 $0.6103 to $0.65 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 $0.6726 to $0.69 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.
F3 The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions. Prices ranged from $0.69 to $0.70 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.