Sec Form 4 Filing - SAXE JON S @ DURECT CORP - 2019-05-13

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
SAXE JON S
2. Issuer Name and Ticker or Trading Symbol
DURECT CORP [ DRRX]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
10260 BUBB ROAD
3. Date of Earliest Transaction (MM/DD/YY)
05/13/2019
(Street)
CUPERTINO, CA95014
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 05/13/2019 P 200 A $ 0.6804 45,200 I by Trust ( 1 )
Common Stock 05/13/2019 P 380 A $ 0.6802 45,580 I by Trust ( 1 )
Common Stock 05/13/2019 P 2,995 A $ 0.6803 48,575 I by Trust ( 1 )
Common Stock 05/13/2019 P 287 A $ 0.6814 48,862 I by Trust ( 1 )
Common Stock 05/13/2019 P 900 A $ 0.6815 49,762 I by Trust ( 1 )
Common Stock 05/13/2019 P 699 A $ 0.685 50,461 I by Trust ( 1 )
Common Stock 05/13/2019 P 200 A $ 0.6881 50,661 I by Trus t ( 1 )
Common Stock 05/13/2019 P 3,100 A $ 0.6898 53,761 I by Trust ( 1 )
Common Stock 05/13/2019 P 1,195 A $ 0.69 54,956 I by Trust ( 1 )
Common Stock 05/13/2019 P 489 A $ 0.6902 55,445 I by Trust ( 1 )
Common Stock 05/13/2019 P 569 A $ 0.6906 56,014 I by Trust ( 1 )
Common Stock 05/13/2019 P 779 A $ 0.6911 56,793 I by Trust ( 1 )
Common Stock 05/13/2019 P 895 A $ 0.694 57,688 I by Trust ( 1 )
Common Stock 05/13/2019 P 400 A $ 0.6941 58,088 I by Trust ( 1 )
Common Stock 05/13/2019 P 1,000 A $ 0.6944 59,088 I by Trust ( 1 )
Common Stock 05/13/2019 P 1,232 A $ 0.6952 60,320 I by Trust ( 1 )
Common Stock 05/13/2019 P 4,900 A $ 0.6953 65,220 I by Trust ( 1 )
Common Stock 05/13/2019 P 300 A $ 0.6972 65,520 I by Trust ( 1 )
Common Stock 05/13/2019 P 595 A $ 0.6984 66,115 I by Trust ( 1 )
Common Stock 05/13/2019 P 1,391 A $ 0.7003 67,506 I by Trust ( 1 )
Common Stock 05/13/2019 P 1,584 A $ 0.7004 69,090 I by Trust ( 1 )
Common Stock 05/13/2019 P 864 A $ 0.7005 69,954 I by Trust ( 1 )
Common Stock 05/13/2019 P 400 A $ 0.7007 70,354 I by Trust ( 1 )
Common Stock 05/13/2019 P 4,826 A $ 0.7008 75,180 I by Trust ( 1 )
Common Stock 05/13/2019 P 1,600 A $ 0.7009 76, 780 I by Trust ( 1 )
Common Stock 05/13/2019 P 1,798 A $ 0.701 78,578 I by Trust ( 1 )
Common Stock 05/13/2019 P 3,900 A $ 0.7019 82,478 I by Trust ( 1 )
Common Stock 05/13/2019 P 37 A $ 0.702 82,515 I by Trust ( 1 )
Common Stock 05/13/2019 P 2,085 A $ 0.7027 84,600 I by Trust ( 1 )
Common Stock 05/13/2019 P 800 A $ 0.7035 85,400 I by Trust ( 1 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
SAXE JON S
10260 BUBB ROAD
CUPERTINO, CA95014
X
Signatures
Jon S. Saxe 05/14/2019
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Held by the Jon S. Saxe and Myrna G. Marshall 1997 Trust.

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