SEC Form 4 · accession 0001082038-15-000014
DURECT CORP · DRRX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dave Hoffmann
Director
Period of report
Mar 26, 2015
Accepted (ET)
Mar 30, 2015 · 7:14 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001082038
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F1 | $1.75 | Mar 26, 2015 | A | 27,778 | A | Jun 26, 2015 | Mar 26, 2025 | Common Stock | 27,778 | 27,778 | D |
Explanation of responses
- F1This Grant Dated March 26, 2015 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.