0001567619-19-013856.txt : 20190624
0001567619-19-013856.hdr.sgml : 20190624
20190624141239
ACCESSION NUMBER: 0001567619-19-013856
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190620
FILED AS OF DATE: 20190624
DATE AS OF CHANGE: 20190624
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: First Eagle Holdings, Inc.
CENTRAL INDEX KEY: 0001637141
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-31615
FILM NUMBER: 19914844
BUSINESS ADDRESS:
STREET 1: 1345 AVENUE OF THE AMERICAS
CITY: NEW YORK
STATE: NY
ZIP: 10105
BUSINESS PHONE: 212-698-3300
MAIL ADDRESS:
STREET 1: 1345 AVENUE OF THE AMERICAS
CITY: NEW YORK
STATE: NY
ZIP: 10105
FORMER NAME:
FORMER CONFORMED NAME: Arnhold & S. Bleichroeder Holdings, Inc.
DATE OF NAME CHANGE: 20150319
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: First Eagle Value in Biotechnology Master Fund, Ltd.
CENTRAL INDEX KEY: 0001457518
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-31615
FILM NUMBER: 19914845
BUSINESS ADDRESS:
STREET 1: C/O FIRST EAGLE INVESTMENT MANAGEMENT
STREET 2: 1345 AVENUE OF THE AMERICAS, 48TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10105
BUSINESS PHONE: 212-698-3300
MAIL ADDRESS:
STREET 1: C/O FIRST EAGLE INVESTMENT MANAGEMENT
STREET 2: 1345 AVENUE OF THE AMERICAS, 48TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10105
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: 21 APRIL FUND, LTD.
CENTRAL INDEX KEY: 0001459708
STATE OF INCORPORATION: E9
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-31615
FILM NUMBER: 19914846
BUSINESS ADDRESS:
STREET 1: Citco Fund Services (Cayman Islands) Ltd
STREET 2: Regatta Office Park West Bay Road
CITY: GRAND CAYMAN
STATE: E9
ZIP: KY1-1205
BUSINESS PHONE: 345-949-3977
MAIL ADDRESS:
STREET 1: Citco Fund Services (Cayman Islands) Ltd
STREET 2: Regatta Office Park West Bay Road
CITY: GRAND CAYMAN
STATE: E9
ZIP: KY1-1205
FORMER NAME:
FORMER CONFORMED NAME: 21 APRIL FUND LTD
DATE OF NAME CHANGE: 20090325
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: 21 APRIL FUND, L.P.
CENTRAL INDEX KEY: 0001459688
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-31615
FILM NUMBER: 19914847
BUSINESS ADDRESS:
STREET 1: FIRST EAGLE INVESTMENT MANAGEMENT, LLC
STREET 2: 1345 AVENUE OF THE AMERICAS, 48TH FLOOR
CITY: New York
STATE: NY
ZIP: 10105
BUSINESS PHONE: 212-698-3300
MAIL ADDRESS:
STREET 1: FIRST EAGLE INVESTMENT MANAGEMENT, LLC
STREET 2: 1345 AVENUE OF THE AMERICAS, 48TH FLOOR
CITY: New York
STATE: NY
ZIP: 10105
FORMER NAME:
FORMER CONFORMED NAME: 21 APRIL FUND LP
DATE OF NAME CHANGE: 20090325
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: First Eagle Investment Management, LLC
CENTRAL INDEX KEY: 0001325447
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-31615
FILM NUMBER: 19914848
BUSINESS ADDRESS:
STREET 1: 1345 AVENUE OF THE AMERICAS
CITY: NEW YORK
STATE: NY
ZIP: 10105
BUSINESS PHONE: 212-698-3300
MAIL ADDRESS:
STREET 1: 1345 AVENUE OF THE AMERICAS
CITY: NEW YORK
STATE: NY
ZIP: 10105
FORMER NAME:
FORMER CONFORMED NAME: Arnhold & S. Bleichroeder Advisers, LLC
DATE OF NAME CHANGE: 20050429
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
doc1.xml
FORM 4
X0306
4
2019-06-20
0
0001082038
DURECT CORP
DRRX
0001325447
First Eagle Investment Management, LLC
1345 AVENUE OF THE AMERICAS
48TH FLOOR
NEW YORK
NY
10105
0
0
1
0
0001459688
21 APRIL FUND, L.P.
FIRST EAGLE INVESTMENT MANAGEMENT, LLC
1345 AVENUE OF THE AMERICAS, 48TH FLOOR
NEW YORK
NY
10105
0
0
1
0
0001459708
21 APRIL FUND, LTD.
CITCO TRUSTEES (CAYMAN) LIMITED
89 NEXUS WAY, CAMANA BAY, PO BOX 31106
GRAND CAYMAN
E9
KY1-1205
CAYMAN ISLANDS
0
0
1
0
0001457518
First Eagle Value in Biotechnology Master Fund, Ltd.
CITCO TRUSTEES LIMITED (CAYMAN) LIMITED
89 NEXUS WAY, CAMANA BAY, PO BOX 31106
GRAND CAYMAN
E9
KY1-1205
CAYMAN ISLANDS
0
0
1
0
0001637141
First Eagle Holdings, Inc.
1345 AVENUE OF THE AMERICAS
NEW YORK
NY
10105
0
0
1
0
Common Stock
2019-06-20
4
P
0
4000000
0.52
A
26476546
I
See Footnote
This Form 4 is filed by 21 April Fund, LP ("April LP"), 21 April Ltd. ("April Ltd."), First Eagle Investment Management, LLC ("FEIM"), First Eagle Value in Biotechnology Master Fund, Ltd. ("FEVIBM") and First Eagle Holdings, Inc. ("FEHI" and, collectively with April LP, April Ltd., FEIM and FEVIBM, the "Entities"). The Entities disclaim status as a "group" for purposes of this Form 4.
Pursuant to a prospectus supplement, dated June 20, 2019, DURECT Corporation (the "Company") offered 29,000,000 shares of its common stock, par value $0.0001 per share (the "Common Stock") to certain investors of the Company. Pursuant to the terms that certain Securities Purchase Agreement, dated June 20, 2019, by and among the Company, April LP, April Ltd. and certain other persons, April LP and April Ltd purchased an aggregate of 4,000,000 shares of the Common Stock of the 29,000,000 made available in the offering at a price of $0.52 per share. The 4,000,000 shares of Common Stock represent 1,300,000 shares of Common Stock directly held by April LP and 2,700,000 shares of Common Stock directly held by April Ltd.
Represents 4,726,893, 16,067,709, 5,586,944 and 95,000 shares of Common Stock held directly by 21 April LP, 21 April Ltd., FEVIBM and certain separately managed accounts, including accounts for which FEIM serves as registered investment adviser (the "Separately Managed Accounts"), respectively.
The shares of Common Stock reported herein are indirectly beneficially owned by FEHI and FEIM, a Delaware limited liability company and an investment adviser registered under the Investment Advisers Act of 1940. FEIM is (i) a general partner of April LP, (ii) the registered investment adviser to FEVIBM as well as to April LP and April Ltd. (collectively, the "Funds"), (iii) a subsidiary of FEHI and (iv) the investment adviser to certain of the Separately Managed Accounts. FEHI disclaims beneficial ownership of the shares of Common Stock held directly by the Funds except to the extent, if any, of its pecuniary interest therein, and this report shall not be deemed an admission that FEHI is the beneficial owner of any such securities.
FIRST EAGLE HOLDINGS, INC., By: /s/ Michael M. Kellen, Director
2019-06-24
FIRST EAGLE INVESTMENT MANAGEMENT, LLC, as General Partner of 21 April LP and Investment Adviser of 21 April Ltd. and FEVIBM, By: /s/ Michael M. Kellen, Senior Vice President
2019-06-24
FIRST EAGLE INVESTMENT MANAGEMENT, LLC, By: /s/ Michael M. Kellen, Senior Vice President
2019-06-24