SEC Form 4 · accession 0001082038-17-000015
DURECT CORP · DRRX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Simon X Benito
Director
Period of report
Sep 25, 2017
Accepted (ET)
Sep 26, 2017 · 2:54 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001082038
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Sep 25, 2017 | M | 25,000 | $0.8198 | A | 85,000 | D |
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 | $0.8198 | Sep 25, 2017 | M | 25,000 | D | Jun 19, 2013 | Jun 20, 2022 | Common Stock | 25,000 | 0 | D |
Explanation of responses
- F1100% 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.