0001209191-23-012114.txt : 20230223 0001209191-23-012114.hdr.sgml : 20230223 20230223132346 ACCESSION NUMBER: 0001209191-23-012114 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: Sussman Norman CENTRAL INDEX KEY: 0001358508 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-31615 FILM NUMBER: 23658531 MAIL ADDRESS: STREET 1: C/O DURECT CORP. STREET 2: 10260 BUBB ROAD 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 0001358508 Sussman Norman C/O DURECT CORPORATION 10260 BUBB ROAD CUPERTINO CA 95014 0 1 0 0 Chief Medical Officer Stock Option (right to buy) 5.07 2023-02-21 4 A 0 45000 0.00 A 2033-02-21 Common Stock 45000 45000 D Stock Option (right to buy) 5.07 2023-02-21 4 A 0 24557 0.00 A 2033-02-21 Common Stock 24557 24557 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/ Norman Sussman 2023-02-22