Joice Judy R 4

4 · DURECT CORP · Filed May 17, 2021

Form 4

Period: 2021-05-14

Sr. VP Operations & Corp QA

Transactions

Exercise/Conversion
Employee Stock Option (right to buy)
2021-05-14−20,000→ 0 total
Exercise: $0.73Exp: 2022-04-11→ Common Stock (20,000 underlying)
Sale
Common Stock
2021-05-14$1.72/sh−60,137$103,682→ 34,832 total
Exercise/Conversion
Employee Stock Option (right to buy)
2021-05-14−40,137→ 0 total
Exercise: $0.78Exp: 2022-02-03→ Common Stock (40,137 underlying)
Exercise/Conversion
Common Stock
2021-05-14$0.73/sh+20,000$14,600→ 54,832 total
Exercise/Conversion
Common Stock
2021-05-14$0.78/sh+40,137$31,307→ 94,969 total

Footnotes (3)

[F1]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions. Prices ranged from $1.70 to $1.725 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
[F2]Number of shares beneficially owned which were acquired by the Reporting Person under Durect's Employee Stock Purchase Plan between 11/01/2007 to 05/14/2021.
[F3]The option is fully vested.

Documents

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