21 april fund lp - direct investment history in Durect corp

Filed on 2015-03-19 by 21 April Fund Lp SEC CIK 1459688 Form 3

Accession 0001459688-15-000001.txt Sec File: edgar/data/1459688/0001459688-15-000001-index.htm

2015-03-09 21 April Fund Lp (CIK 1459688) through Direct

Invested in Durect Corp remaining shares owned 11460397

Common Stock Durect Corp Drrx

f1 represents 1,486,523, 5,486,930 and 4,486,944 shares held directly by 21 april fund, lp, 21 april fund, ltd. and first eagle value in biotechnology master fund, ltd., respectively (collectively, the "funds"). first eagle investment management, llc is the general partner of 21 april fund, lp, the registered investment adviser to the funds and a subsidiary of arnhold and s. bleichroeder holdings, inc. ("asbh"). asbh disclaims section 16 beneficial ownership of the shares 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 asbh is the section 16 beneficial owner of any such securities.