DURECT CORP 4
4 · DURECT CORP · Filed Apr 4, 2016
Insider Transaction Report
Form 4
DURECT CORPDRRX
HOGAN MATTHEW J
Chief Financial Officer
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2016-03-31$1.04/sh+17,308$18,000→ 17,308 totalExercise: $1.35From: 2016-06-30Exp: 2026-03-31→ Common Stock (17,308 underlying)
Footnotes (2)
- [F1]This Grant Dated March 31, 2016 will vest as follows: one-fourth (1/4) of the total shares subject to the option shall vest quarterly over one (1) year following the Grant Date.
- [F2]This Option was issued to the reporting person in lieu of a salary reduction of $18,000.