Gail J. Maderis - Aug 9, 2022 Form 4 Insider Report for DURECT CORP (DRRX)

Role
Director
Signature
/s/ Gail J. Maderis
Stock symbol
DRRX
Transactions as of
Aug 9, 2022
Transactions value $
$117,142
Form type
4
Date filed
8/11/2022, 08:28 PM
Previous filing
Jun 17, 2022
Next filing
Aug 12, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DRRX Common Stock Purchase $45.2K +70.3K $0.64 70.3K Aug 9, 2022 By Gail J. Maderis Revocable Trust dtd 04-08-2013 Gail Maderis TTEE F1
transaction DRRX Common Stock Purchase $54.7K +79.7K +113.35% $0.69 150K Aug 10, 2022 By Gail J. Maderis Revocable Trust dtd 04-08-2013 Gail Maderis TTEE F2
transaction DRRX Common Stock Purchase $17.3K +24.8K +16.53% $0.70 175K Aug 11, 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.