DURECT CORP 4
4 · DURECT CORP · Filed Dec 21, 2004
Insider Transaction Report
Form 4
DURECT CORPDRRX
JIAN LI
InterimPrincipalAccountingOfcr
Transactions
- Award
Incentive Stock Option (Right to Buy)
2004-12-17+29,175→ 29,175 totalExercise: $3.20From: 2005-12-17Exp: 2014-12-17→ Common Stock (29,175 underlying) - Award
Non-Qualified Stock Option (Right to Buy)
2004-12-17+37,825→ 37,825 totalExercise: $3.20From: 2005-12-17Exp: 2014-12-17→ Common Stock (37,825 underlying)
Footnotes (1)
- [F1]NQ/ISO Grants Dated December 17, 2004 combined will vest as follows: 1/4 of the underlying securities will vest on each 12-month anniversary of the Grant Date.