1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security |
5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Incentive Stock Option (right to buy)
|
Â
(2)
|
04/11/2022 |
Common Stock
|
7,500
|
$
0.73
|
D
|
Â
|
Incentive Stock Option (right to buy)
|
Â
(3)
|
02/03/2022 |
Common Stock
|
40,137
|
$
0.78
|
D
|
Â
|
Incentive Stock Option (right to buy)
|
Â
(4)
|
02/05/2023 |
Common Stock
|
50,625
|
$
1.21
|
D
|
Â
|
Incentive Stock Option (right to buy)
|
Â
(5)
|
05/21/2019 |
Common Stock
|
6,377
|
$
2.09
|
D
|
Â
|
Incentive Stock Option (right to buy)
|
Â
(6)
|
01/31/2024 |
Common Stock
|
73,552
|
$
2.09
|
D
|
Â
|
Incentive Stock Option (right to buy)
|
Â
(7)
|
01/22/2020 |
Common Stock
|
31,250
|
$
2.18
|
D
|
Â
|
Incentive Stock Option (right to buy)
|
Â
(8)
|
01/27/2019 |
Common Stock
|
20,570
|
$
3.11
|
D
|
Â
|
Incentive Stock Option (right to buy)
|
Â
(9)
|
01/20/2021 |
Common Stock
|
32,271
|
$
3.26
|
D
|
Â
|
Incentive Stock Option (right to buy)
|
Â
(10)
|
07/07/2018 |
Common Stock
|
13,129
|
$
3.87
|
D
|
Â
|
Incentive Stock Option (right to buy)
|
Â
(11)
|
08/14/2017 |
Common Stock
|
50,000
|
$
4.85
|
D
|
Â
|
Incentive Stock Option (right to buy)
|
Â
(12)
|
01/18/2018 |
Common Stock
|
20,712
|
$
5.89
|
D
|
Â
|
Non-Qualified Stock Option (right to buy)
|
Â
(2)
|
04/11/2022 |
Common Stock
|
12,500
|
$
0.73
|
D
|
Â
|
Non-Qualified Stock Option (right to buy)
|
Â
(13)
|
02/03/2022 |
Common Stock
|
57,820
|
$
0.78
|
D
|
Â
|
Non-Qualified Stock Option (right to buy)
|
Â
(14)
|
02/05/2023 |
Common Stock
|
85,472
|
$
1.21
|
D
|
Â
|
Non-Qualified Stock Option (right to buy)
|
Â
(5)
|
05/21/2019 |
Common Stock
|
44,623
|
$
2.09
|
D
|
Â
|
Non-Qualified Stock Option (right to buy)
|
Â
(15)
|
01/31/2024 |
Common Stock
|
56,900
|
$
2.09
|
D
|
Â
|
Non-Qualified Stock Option (right to buy)
|
Â
(16)
|
01/22/2020 |
Common Stock
|
92,473
|
$
2.18
|
D
|
Â
|
Non-Qualified Stock Option (right to buy)
|
Â
(17)
|
03/31/2020 |
Common Stock
|
5,000
|
$
3.01
|
D
|
Â
|
Non-Qualified Stock Option (right to buy)
|
Â
(8)
|
01/27/2019 |
Common Stock
|
75,430
|
$
3.11
|
D
|
Â
|
Non-Qualified Stock Option (right to buy)
|
Â
(9)
|
01/20/2021 |
Common Stock
|
57,729
|
$
3.26
|
D
|
Â
|
Non-Qualified Stock Option (right to buy)
|
Â
(10)
|
07/07/2018 |
Common Stock
|
11,871
|
$
3.87
|
D
|
Â
|
* |
If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** |
Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) |
Acquired through Durect's Employee Stock Purchase Plan between the dates 04/30/2008 through 10/31/2013. |
(2) |
ISO/NQ Grants Dated April 11, 2012 will vest as follows: 1/16 of the total shares subject to the option shall vest quarterly over 4 years following the Grant Date. |
(3) |
1 of the total shares of this grant dated February 3, 2012 shall vest on the Grant Date and 40,136 of the remaining shares shall vest as follows: one-sixteenth (1/16) shall vest quarterly over four (4) years following the Grant Date. |
(4) |
ISO/NQ Grants Dated February 5, 2013 combined will vest as follows: one-sixteenth (1/16) of the total shares subject to the option shall vest quarterly over four (4) years following the Grant Date. |
(5) |
ISO/NQ Grants Dated May 21, 2009 combined will vest as follows: 1/4 of the total underlying securities shall vest on the one year anniversary of the Grant Date and 1/16 of the total underlying securities shall vest quarterly following the one year anniversary. |
(6) |
ISO/NQ Grants Dated January 31, 2014 combined will vest as follows: one-sixteenth (1/16) of the total shares subject to the option shall vest quarterly over four (4) years following the Grant Date. |
(7) |
ISO/NQ Grants Dated January 22, 2010 combined will vest as follows: 1/4 of the total underlying securities shall vest on the one year anniversary of the Grant Date and 1/16 of the total underlying securities shall vest quarterly following the one year anniversary. |
(8) |
ISO/NQ Grants Dated January 27, 2009 combined will vest as follows: 1/4 of the total underlying securities shall vest on the one year anniversary of the Grant Date and 1/16 of the total underlying securities shall vest quarterly following the one year anniversary. |
(9) |
ISO/NQ Grants Dated January 20, 2011 combined will vest as follows: 1/4 of the total underlying securities shall vest on the one year anniversary of the Grant Date and 1/16 of the total underlying securities shall vest quarterly following the one year anniversary. |
(10) |
ISO/NQ Grants Dated July 7, 2008 will vest as follows: 1/4 of the total shares subject to the option shall vest on each 12-month anniversary of the Grant Date. |
(11) |
This ISO option Grant Dated August 14, 2007 will vest as follows: 1/4 of the total shares subject to the option shall vest on each 12-month anniversary of the Grant Date. |
(12) |
ISO/NQ Grants Dated January 18, 2008 combined will vest as follows: 1/4 of the underlying securities will vest on each 12-month anniversary of the Grant Date. |
(13) |
22,956 of the total shares of this grant dated February 3, 2012 shall vest on the Grant Date and 34,864 of the remaining shares shall vest as follows: one-sixteenth (1/16) shall vest quarterly over four (4) years following the Grant Date. |
(14) |
46,097 of the total shares of this grant dated February 05, 2013 shall vest on the Grant Date and 39,375 of the remaining shares shall vest as follows: one-sixteenth (1/16) shall vest quarterly over four (4) years following the Grant Date. |
(15) |
30,452 of the total shares of this grant dated January 31, 2014 shall vest on the Grant Date and 26,448 of the remaining shares shall vest as follows: one-sixteenth (1/16) shall vest quarterly over four (4) years following the Grant Date. |
(16) |
23,723 of the total shares of this grant dated January 22, 2010 shall vest on the Grant Date and 68,750 of the remaining shares shall vest as follows: one-fourth (1/4) shall vest on the one year anniversary of the Grant Date and one-sixteenth (1/16) shall vest quarterly following the one year anniversary. |
(17) |
100% of the total shares of this Grant Dated March 31, 2010 shall vest on the one year anniversary following the Grant Date. |