0001209191-23-012108.txt : 20230223 0001209191-23-012108.hdr.sgml : 20230223 20230223131912 ACCESSION NUMBER: 0001209191-23-012108 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230221 FILED AS OF DATE: 20230223 DATE AS OF CHANGE: 20230223 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BROWN JAMES E CENTRAL INDEX KEY: 0001134620 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-31615 FILM NUMBER: 23658511 MAIL ADDRESS: STREET 2: 10240 BUBB RD CITY: CUPERTINO STATE: CA ZIP: 95014 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: DURECT CORP CENTRAL INDEX KEY: 0001082038 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 943297098 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 10260 BUBB RD CITY: CUPERTINO STATE: CA ZIP: 95014 BUSINESS PHONE: 4087771417 MAIL ADDRESS: STREET 1: 10260 BUBB ROAD CITY: CUPERTINO STATE: CA ZIP: 95014 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2023-02-21 0 0001082038 DURECT CORP DRRX 0001134620 BROWN JAMES E C/O DURECT CORPORATION 10260 BUBB ROAD CUPERTINO CA 95014 1 1 0 0 President & CEO Stock Option (right to buy) 5.07 2023-02-21 4 A 0 200000 0.00 A 2033-02-21 Common Stock 200000 200000 D Stock Option (right to buy) 5.07 2023-02-21 4 A 0 50665 0.00 A 2033-02-21 Common Stock 50665 50665 D 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. The option is fully vested and immediately exercisable. /s/ James E. Brown 2023-02-22