DURECT CORP 4
4 · DURECT CORP · Filed Jun 21, 2017
Insider Transaction Report
Form 4
DURECT CORPDRRX
THEEUWES FELIX
DirectorChairman and CSO
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2017-06-19$1.06/sh+117,925$125,001→ 117,925 totalExercise: $1.40From: 2017-09-19Exp: 2027-06-19→ Common Stock (117,925 underlying)
Footnotes (2)
- [F1]This Grant Dated June 19, 2017 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 $125,000.