Proxy Results Form 8 K

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

At the 2024 Annual Meeting of Stockholders (the "Annual Meeting") of DURECT Corporation (the "Company"), held online via live audio webcast on September 25, 2024, the Company's stockholders approved an amendment and restatement of the Company's 2000 Stock Plan (as amended and restated, the "Amended Stock Plan") to increase the number of shares of the Company's common stock available for issuance by 2,000,000 shares and to extend the term so that the Amended Stock Plan will terminate on the date that is ten years following stockholder approval of the Amended Stock Plan (i.e., September 25, 2034).

A more complete summary of the material terms of the Amended Stock Plan is set forth in "Proposal No. 4 - Approval of the Amendment and Restatement of the 2000 Stock Plan" in the Company's definitive proxy statement for the Annual Meeting filed with the Securities and Exchange Commission on August 12, 2024 (the "Proxy Statement"), which description is incorporated by reference herein. The summary in the Proxy Statement and above description of the amendment of the Amended Stock Plan do not purport to be complete and are qualified in their entirety by the full text of the Amended Stock Plan, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.