Papp Timothy M. 4
4 · DURECT CORP · Filed Sep 9, 2025
Insider Transaction Report
Form 4
DURECT CORPDRRX
Papp Timothy M.
Chief Financial Officer
Transactions
- Exercise/Conversion
Stock Option (right to buy)
2025-09-08−110,000→ 0 totalExercise: $1.30Exp: 2034-10-14→ Common Stock (110,000 underlying) - Exercise/Conversion
Common Stock
2025-09-08$1.30/sh+110,000$143,000→ 431,659 total
Footnotes (1)
- [F1]The option will vest and become exercisable in installments of one-sixteenth (1/16) of the total number of shares at the end of each three-month period following the grant date, subject to the Reporting Person providing continuous service to the Issuer through the applicable vesting date.