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DURECT CORP·4

Jun 21, 2:13 PM ET

DURECT CORP 4

4 · DURECT CORP · Filed Jun 21, 2017

Insider Transaction Report

Form 4
Period: 2017-06-19
DURECT CORPDRRX
Blaschke Terrence F
Director
Transactions
  • Award

    Non-Qualified Stock Option (right to buy)

    2017-06-19+55,000→ 55,000 total
    Exercise: $1.40From: 2018-06-18Exp: 2027-06-19→ Common Stock (55,000 underlying)
  • Award

    Non-Qualified Stock Option (right to buy)

    2017-06-19$1.06/sh+16,038$17,000→ 71,038 total
    Exercise: $1.40From: 2017-09-19Exp: 2027-06-19→ Common Stock (16,038 underlying)
Footnotes (3)
  • [F1]100% of the total shares of this Grant Dated June 19, 2017 shall vest on the day before the first year anniversary of the Grant Date.
  • [F2]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.
  • [F3]This Option was issued to the reporting person in lieu of a cash retainer of $17,000.

Documents

1 file
  • 4
    edgardoc.xmlPrimary

    PRIMARY DOCUMENT