Papp Timothy M. 4
4 · DURECT CORP · Filed Feb 23, 2023
Insider Transaction Report
Form 4
DURECT CORPDRRX
Papp Timothy M.
Chief Financial Officer
Transactions
- Award
Stock Option (right to buy)
2023-02-21+60,000→ 60,000 totalExercise: $5.07Exp: 2033-02-21→ Common Stock (60,000 underlying) - Award
Stock Option (right to buy)
2023-02-21+12,377→ 12,377 totalExercise: $5.07Exp: 2033-02-21→ Common Stock (12,377 underlying)
Footnotes (2)
- [F1]The option will vest and become exercisable in installments of one-sixteenth (1/16) of the total number of shares at the end of each three month period following the grant date, subject to the Reporting Person providing continuous service to the Issuer through the applicable vesting date.
- [F2]The option is fully vested and immediately exercisable.