DAVE HOFFMANN - 15 Jun 2022 Form 4 Insider Report for DURECT CORP (DRRX)

Role
Director
Signature
/s/ David R. Hoffmann
Issuer symbol
DRRX
Transactions as of
15 Jun 2022
Transactions value $
$0
Form type
4
Filing time
17 Jun 2022, 16:10:42 UTC
Previous filing
06 Jun 2022
Next filing
31 Oct 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DRRX Stock Option (right to buy) Award $0 +55K $0.00 55K 15 Jun 2022 Common Stock 55K $0.55 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 100% of the total shares subject to this grant dated June 15, 2022 shall vest on the day before the first year anniversary of the grant date.