TIPTON ARTHUR J 4
4 · DURECT CORP · Filed Sep 29, 2003
Insider Transaction Report
Form 4
DURECT CORPDRRX
TIPTON ARTHUR J
Sr.VP Bioerodible Product Dev.
Transactions
- Award
Incentive Stock Option (right to buy)
2003-09-25+10,304→ 10,304 totalExercise: $3.55From: 2004-08-27Exp: 2013-09-25→ Common Stock (10,304 underlying) - Award
Non-Qualified Stock Option (right to buy)
2003-09-25+14,696→ 14,696 totalExercise: $3.55From: 2004-08-27Exp: 2013-09-25→ Common Stock (14,696 underlying)
Footnotes (1)
- [F1]ISO/NQ grants dated 9/25/03 combined vests as follows: 1/4 of the total shares subject to such option shall vest on each one-year anniversary following August 27, 2003 the "Vesting Commencement Date".