SEC Form 4 · accession 0001082038-16-000061
DURECT CORP · DRRX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Simon X Benito
Director
Period of report
Jun 22, 2016
Accepted (ET)
Jun 23, 2016 · 6:37 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 | $1.19 | Jun 22, 2016 | A | 35,000 | A | Jun 21, 2017 | Jun 22, 2026 | Common Stock | 35,000 | 35,000 | D |
Explanation of responses
- F1100% 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.