Bleichroeder LP - Mar 13, 2023 Form 4 Insider Report for DURECT CORP (DRRX)

Role: 10%+ Owner
Signature: Michael M. Kellen, Chairman and CO-CEO of Bleichroeder LP
Stock symbol: DRRX
Transactions as of: Mar 13, 2023
Transactions value $: $0
Form type: 4
Date filed: 3/15/2023, 04:36 PM
Previous filing: Jan 6, 2023
Next filing: Mar 27, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DRRX	Common Stock	Other	$0	-3.5K	-0.13%	$0.00	2.64M	Mar 13, 2023	See footnote	F1, F2

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

Explanation of Responses:

Id	Content
F1	This form is being filed in connection with an in kind transfer of shares to underlying beneficiaries of a client account for no consideration.
F2	This form is filed by Bleichroeder LP. Bleichroeder LP serves as registered investment adviser to 21 April Fund, Ltd., 21 April Fund, LP and other managed accounts. Bleichroeder LP disclaims beneficial ownership of these securities except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that Bleichroeder LP is the beneficial owner of the securities for purposes of Section 16 or for any other purposes.

Content

This form is being filed in connection with an in kind transfer of shares to underlying beneficiaries of a client account for no consideration.

This form is filed by Bleichroeder LP. Bleichroeder LP serves as registered investment adviser to 21 April Fund, Ltd., 21 April Fund, LP and other managed accounts. Bleichroeder LP disclaims beneficial ownership of these securities except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that Bleichroeder LP is the beneficial owner of the securities for purposes of Section 16 or for any other purposes.