HOFFMANN DAVE 4
4 · DURECT CORP · Filed Sep 21, 2017
Insider Transaction Report
Form 4
DURECT CORPDRRX
HOFFMANN DAVE
Director
Transactions
- Exercise/Conversion
Common Stock
2017-09-21$1.05/sh+35,000$36,750→ 95,000 total - Exercise/Conversion
Common Stock
2017-09-21$0.82/sh+25,000$20,495→ 120,000 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2017-09-21−35,000→ 0 totalExercise: $1.05From: 2014-06-24Exp: 2023-06-25→ Common Stock (35,000 underlying) - Exercise/Conversion
Common Stock
2017-09-21$1.19/sh+35,000$41,650→ 60,000 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2017-09-21−25,000→ 0 totalExercise: $0.82From: 2013-06-19Exp: 2022-06-20→ Common Stock (25,000 underlying) - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2017-09-21−35,000→ 0 totalExercise: $1.19From: 2017-06-21Exp: 2026-06-22→ Common Stock (35,000 underlying)
Holdings
- 248,000(indirect: By Trust)
Common Stock
Footnotes (4)
- [F1]Held by David R. and Judy A. Hoffmann, Co-Trustees for the David R. and Judy A Hoffmann Trust UD 11/14/79.
- [F2]100% of the total shares of this Grant Dated June 20, 2012 shall vest on the day before the first year anniversary of the Grant Date.
- [F3]100% of the total shares of this Grant Dated June 25, 2013 shall vest on the day before the first year anniversary of the Grant Date.
- [F4]100% of the total shares of this Grant Dated June 22, 2016 shall vest on the day before the first year anniversary of the Grant Date.