Timothy M. Papp - 26 Jul 2024 Form 4 Insider Report for DURECT CORP (DRRX)

Signature
/s/ Timothy M. Papp
Issuer symbol
DRRX
Transactions as of
26 Jul 2024
Transactions value $
$0
Form type
4
Filing time
30 Jul 2024, 16:44:54 UTC
Previous filing
23 Feb 2023
Next filing
16 Oct 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DRRX Common Stock Award $0 +275K $0.00 275K 26 Jul 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Common Stock underlying a time-based restricted stock unit award ("RSU"). The RSU will vest as to 50% of the total number of shares on January 26, 2025, and the remaining 50% of the total number of shares will vest on July 26, 2025, subject to the continuing service of the Reporting Person on each vesting date.