MADERIS GAIL J exercised options at DURECT CORP
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 9/11/2025ACC: 0000950170-25-114131
0.00
Net shares
Net seller
$6.7K
Total acquired
0
Open market trades
0B · 0S
2
Total transactions
5.50K acquired · 5.50K disposed
Non-Derivative Transactions1
Common Stock
Direct
Shares
+5.50K
Price / share
$1.22
Trade value
$6.71K
% of position
New position
9/9/2025
0.00→5.50K
Total
Net shares
+5.50K
Net value
$6.71K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 9/9/2025 | M · Option Exercise | +5.50K | $1.22 | $6.71K | New position | 0.00 | 5.50K |
| Total | +5.50K | $6.71K | ||||||
Derivative Transactions1
Stock Option (right to buy)
Direct
Converts to
Common Stock
5.50K shares
Shares
−5.50K
Strike price
1.22
Held after
0.00
Exercisable
—
9/9/2025
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Stock Option (right to buy) Direct | Common Stock5.50K shares | 9/9/2025 | M · Option Exercise | −5.50K | 1.22 | — | 0.00 |
Non-Derivative Holdings (Post-Transaction)1
Common Stock
IndirectShares owned20K
Total
20K indirect20K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock | 20K | Indirect |
| Total | 20K | 20K indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported