21 april fund ltd - direct investment history in Durect corp

Filed on 2016-09-28 by 21 April Fund, L.P. SEC CIK 1459688 Form 4

Accession 0001140361-16-080886.txt Sec File: edgar/data/1459688/0001140361-16-080886-index.htm

2016-09-26 21 April Fund Ltd (CIK 1459708) through Direct

Invested in Durect Corp bought 200000 shares at $1.15 remaining shares owned 22381546

Common Stock Durect Corp Drrx Transaction code: P Open market or private purchase of securities

f5 represents 40,809 and 159,191 shares purchased by 21 april lp and 21 april ltd., respectively. fehi 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 fehi is the section 16 beneficial owner of any such securities.
f6 represents 3,426,893, 13,367,709, and 5,586,944 shares held directly by 21 april lp, 21 april ltd. and fevibm, respectively. fehi 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 fehi is the section 16 beneficial owner of any such securities.


Filed on 2016-09-28 by 21 April Fund, L.P. SEC CIK 1459688 Form 4

Accession 0001140361-16-080886.txt Sec File: edgar/data/1459688/0001140361-16-080886-index.htm

2016-09-26 21 April Fund Ltd (CIK 1459708) through Direct

Invested in Durect Corp bought 318776 shares at $1.10 remaining shares owned 22181546

Common Stock Durect Corp Drrx Transaction code: P Open market or private purchase of securities

f3 represents 63,678 and 255,098 shares purchased by 21 april lp and 21 april ltd., respectively. fehi 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 fehi is the section 16 beneficial owner of any such securities.
f4 represents 3,386,084, 13,208,518, and 5,586,944 shares held directly by 21 april lp, 21 april ltd. and fevibm, respectively. fehi 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 fehi is the section 16 beneficial owner of any such securities.


Filed on 2016-09-28 by 21 April Fund, L.P. SEC CIK 1459688 Form 4

Accession 0001140361-16-080886.txt Sec File: edgar/data/1459688/0001140361-16-080886-index.htm

2016-09-26 21 April Fund Ltd (CIK 1459708) through Direct

Invested in Durect Corp bought 1981224 shares at $1.16 remaining shares owned 21862770

Common Stock Durect Corp Drrx Transaction code: P Open market or private purchase of securities

f1 represents 259,957 and 1,721,267 shares purchased by 21 april fund, lp ("21 april lp") and 21 april fund, ltd. ("21 april ltd."), respectively. first eagle investment management, llc ("feim") is (i) a general partner of 21 april lp, (ii) the registered investment adviser to first eagle value in biotechnology master fund, ltd. "fevibm" as well as to 21 april lp and 21 april ltd. (collectively, the "funds") and (iii) a subsidiary of first eagle holdings, inc. ("fehi"). fehi 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 fehi is the section 16 beneficial owner of any such securities.
f2 represents 3,322,406, 12,953,420, and 5,586,944 shares held directly by 21 april lp, 21 april ltd. and fevibm, respectively. fehi 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 fehi is the section 16 beneficial owner of any such securities.


Filed on 2016-04-27 by 21 April Fund, L.P. SEC CIK 1459688 Form 4

Accession 0001140361-16-062146.txt Sec File: edgar/data/1459688/0001140361-16-062146-index.htm

2016-04-26 21 April Fund Ltd (CIK 1459708) through Direct

Invested in Durect Corp bought 5500000 shares at $1.25 remaining shares owned 19881546

Common Stock Durect Corp Drrx Transaction code: P Open market or private purchase of securities

f1 represents 1,064,843, 3,935,157 and 500,000 shares purchased by 21 april fund, l.p. ("21 april lp"), 21 april fund, ltd. ("21 april ltd."), and first eagle value in biotechnology master fund, ltd. ("fevibm" and, together with 21 april lp and 21 april ltd., the "funds"), respectively. first eagle investment management, llc ("feim") is (i) a general partner of 21 april lp, (ii) the registered investment adviser to the funds, and (iii) a subsidiary of first eagle holdings, inc. ("fehi"). fehi 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 fehi is the section 16 beneficial owner of any such securities.
f2 represents 3,062,449, 11,232,153, and 5,586,944 shares held directly by 21 april lp, 21 april ltd. and fevibm, respectively. fehi 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 fehi is the section 16 beneficial owner of any such securities.


Filed on 2016-01-12 by 21 April Fund Lp SEC CIK 1459688 Form 4

Accession 0001140361-16-047642.txt Sec File: edgar/data/1459688/0001140361-16-047642-index.htm

2016-01-11 21 April Fund Ltd (CIK 1459708) through Direct

Invested in Durect Corp bought 300100 shares at $1.3680 remaining shares owned 14381546

Common Stock Durect Corp Drrx Transaction code: P Open market or private purchase of securities

f1 represents 61,311 and 238,789 shares purchased by 21 april fund, lp ("21 april lp") and 21 april fund, ltd. ("21 april ltd."), respectively. first eagle investment management, llc ("feim") is (i) a general partner of 21 april lp, (ii) the registered investment adviser to first eagle value in biotechnology master fund, ltd. "fevibm" as well as to 21 april lp and 21 april ltd. (collectively, the "funds") and (iii) 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.
f2 represents 1,997,606, 7,296,996, and 5,086,944 shares held directly by 21 april lp, 21 april ltd. and fevibm, respectively. 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.


Filed on 2015-10-01 by 21 April Fund Lp SEC CIK 1459688 Form 4

Accession 0001140361-15-036416.txt Sec File: edgar/data/1459688/0001140361-15-036416-index.htm

2015-09-29 21 April Fund Ltd (CIK 1459708) through Direct

Invested in Durect Corp bought 885049 shares at $1.8 remaining shares owned 14081446

Common Stock Durect Corp Drrx Transaction code: P Open market or private purchase of securities

f3 represents 206,806 and 678,243 shares purchased by 21 april lp and 21 april ltd., respectively. 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.
f4 represents 1,936,295, 7,058,207 and 5,086,944 shares held directly by 21 april lp, 21 april ltd. and fevibm, respectively. 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.


Filed on 2015-10-01 by 21 April Fund Lp SEC CIK 1459688 Form 4

Accession 0001140361-15-036416.txt Sec File: edgar/data/1459688/0001140361-15-036416-index.htm

2015-03-17 21 April Fund Ltd (CIK 1459708) through Direct

Invested in Durect Corp bought 67200 shares at $1.59 remaining shares owned 13196397

Common Stock Durect Corp Drrx Transaction code: P Open market or private purchase of securities

f1 represents 9,579, 35,221 and 22,400 shares purchased by 21 april fund, lp ("21 april lp"), 21 april fund, ltd. ("21 april ltd."), and first eagle value in biotechnology master fund, ltd. ("fevibm" and, together with 21 april lp and 21 april ltd., the "funds"), respectively. first eagle management, llc ("feim") is general partner of 21 april 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 percuniary interest therein, and this report shall not be deemed an admission that asbh is the section 16 beneficial owner of any such securities.
f2 represents 1,729,489, 6,379,964 and 5,086,944 shares held directly by 21 april lp, 21 april ltd. and fevibm, respectively. 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.


Filed on 2015-03-20 by 21 April Fund Lp SEC CIK 1459688 Form 4

Accession 0001459688-15-000002.txt Sec File: edgar/data/1459688/0001459688-15-000002-index.htm

2015-03-16 21 April Fund Ltd (CIK 1459708) through Direct

Invested in Durect Corp bought 100000 shares at $1.66 remaining shares owned 13129397

Common Stock Durect Corp Drrx Transaction code: P Open market or private purchase of securities

f11 represents 14,252, 52,415 and 33,333 shares purchased by 21 april lp, 21 april ltd. and fevibm, respectively. 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.
f12 represents 1,719,910, 6,344,743 and 5,064,544 shares held directly by 21 april lp, 21 april ltd. and fevibm, respectively. 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.


Filed on 2015-03-20 by 21 April Fund Lp SEC CIK 1459688 Form 4

Accession 0001459688-15-000002.txt Sec File: edgar/data/1459688/0001459688-15-000002-index.htm

2015-03-13 21 April Fund Ltd (CIK 1459708) through Direct

Invested in Durect Corp bought 168800 shares at $1.66 remaining shares owned 13029197

Common Stock Durect Corp Drrx Transaction code: P Open market or private purchase of securities

f9 represents 24,049, 88,484 and 56,267 shares purchased by 21 april lp, 21 april ltd. and fevibm, respectively. 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.
f10 represents 1,705,658, 6,292,328 and 5,031,211 shares held directly by 21 april lp, 21 april ltd. and fevibm, respectively. 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.


Filed on 2015-03-20 by 21 April Fund Lp SEC CIK 1459688 Form 4

Accession 0001459688-15-000002.txt Sec File: edgar/data/1459688/0001459688-15-000002-index.htm

2015-03-12 21 April Fund Ltd (CIK 1459708) through Direct

Invested in Durect Corp bought 200000 shares at $1.69 remaining shares owned 12860397

Common Stock Durect Corp Drrx Transaction code: P Open market or private purchase of securities

f7 represents 28,231, 103,769 and 68,000 shares purchased by 21 april lp, 21 april ltd., and fevibm, respectively. 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.
f8 represents 1,681,609, 6,203,844 and 4,974,944 shares held directly by 21 april lp, 21 april ltd. and fevibm, respectively. 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.


Filed on 2015-03-20 by 21 April Fund Lp SEC CIK 1459688 Form 4

Accession 0001459688-15-000002.txt Sec File: edgar/data/1459688/0001459688-15-000002-index.htm

2015-03-11 21 April Fund Ltd (CIK 1459708) through Direct

Invested in Durect Corp bought 400000 shares at $1.69 remaining shares owned 12660397

Common Stock Durect Corp Drrx Transaction code: P Open market or private purchase of securities

f5 represents 56,485, 207,515 and 136,000 shares purchased by 21 april lp, 21 april ltd. and fevibm, respectively. 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.
f6 represents 1,653,378, 6,100,075 and 4,906,944 shares held directly by 21 april lp, 21 april ltd. and fevibm, respectively. 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.


Filed on 2015-03-20 by 21 April Fund Lp SEC CIK 1459688 Form 4

Accession 0001459688-15-000002.txt Sec File: edgar/data/1459688/0001459688-15-000002-index.htm

2015-03-10 21 April Fund Ltd (CIK 1459708) through Direct

Invested in Durect Corp bought 500000 shares at $1.74 remaining shares owned 12260397

Common Stock Durect Corp Drrx Transaction code: P Open market or private purchase of securities

f3 represents 70,554, 259,446 and 170,000 shares purchased by 21 april lp, 21 april ltd. and fevibm, respectively. 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.
f4 represents 1,596,893, 5,892,560 and 4,770,944 shares held directly by 21 april lp, 21 april ltd. and fevibm, respectively. 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.


Filed on 2015-03-20 by 21 April Fund Lp SEC CIK 1459688 Form 4

Accession 0001459688-15-000002.txt Sec File: edgar/data/1459688/0001459688-15-000002-index.htm

2015-03-09 21 April Fund Ltd (CIK 1459708) through Direct

Invested in Durect Corp bought 300000 shares at $1.69 remaining shares owned 11760397

Common Stock Durect Corp Drrx Transaction code: P Open market or private purchase of securities

f1 represents 39,816, 146,184 and 114,000 shares purchased by 21 april fund, lp ("21 april lp"), 21 april fund, ltd. ("21 april ltd."), and first eagle value in biotechnology master fund, ltd. ("fevibm" and, together with 21 april lp and 21 april ltd., the "funds"), respectively. first eagle management, llc ("feim") is general partner of 21 april 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 percuniary interest therein, and this report shall not be deemed an admission that asbh is the section 16 beneficial owner of any such securities.
f2 represents 1,526,339, 5,633,114 and 4,600,944 shares held directly by 21 april lp, 21 april ltd. and fevibm, respectively. 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.