SCHRECK THOMAS A 4
4 · DURECT CORP · Filed Jan 16, 2004
Insider Transaction Report
Form 4
DURECT CORPDRRX
SCHRECK THOMAS A
DirectorChief Financial Officer
Transactions
- Award
Incentive Stock Option (right to buy)
2004-01-14+65,003→ 65,003 totalExercise: $3.25From: 2005-01-14Exp: 2014-01-14→ Common Stock (65,003 underlying) - Award
Non-Qualified Stock Option (right to buy)
2004-01-14+159,997→ 159,997 totalExercise: $3.25From: 2005-01-14Exp: 2014-01-14→ Common Stock (159,997 underlying)
Footnotes (1)
- [F1]ISO/NQ Grants Dated 1/14/04 combined vests as follows: Vests at the rate of 1/4 of the underlying securities on each 12 month anniversary of the Grant Date.