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As filed with the Securities and Exchange Commission on November 15, 2000
Registration No. 333-35316
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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POST-EFFECTIVE
AMENDMENT NO. 1
TO
FORM S-1
REGISTRATION STATEMENT
Under
THE SECURITIES ACT OF 1933
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DURECT CORPORATION
(Exact Name of Registrant as Specified in Its Charter)
Delaware 2834 94-3297098
(Primary Standard (I.R.S. Employer
(State or Other Industrial Identification Number)
Jurisdiction of Classification Code
Incorporation or Number)
Organization) ----------------
10240 Bubb Road
Cupertino, CA 95014
(408) 777-1417
(Address, including zip code, and telephone number, including area code, of
registrant's principal executive offices)
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James E. Brown
Chief Executive Officer
DURECT Corporation
10240 Bubb Road
Cupertino, CA 95014
(408) 777-1417
(Name, address, including zip code, and telephone number, including area code,
of agent for service)
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Copies to:
Mark B. Weeks Gregory M. Gallo
Stephen B. Thau Joe C. Sorenson
Ughetta T. Manzone Sally J. Rau
Venture Law Group Bradley J. Gersich
A Professional Corporation Gray Cary Ware & Freidenrich LLP
2800 Sand Hill Road 400 Hamilton Avenue
Menlo Park, CA 94025 Palo Alto, CA 94301
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Approximate date of commencement of proposed sale to the public: As soon as
practicable after the effective date of this Registration Statement.
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If any of the securities being registered on this form are to be offered on
a delayed or continuous basis pursuant to Rule 415 under the Securities Act of
1933, check the following box. [_]
If this form is filed to register additional securities for an offering
pursuant to Rule 462(b) under the Securities Act, please check the following
box and list the Securities Act registration statement number of the earlier
effective registration statement for the same offering. [_]
If this form is a post-effective amendment filed pursuant to Rule 462(c)
under the Securities Act, check the following box and list the Securities Act
registration statement number of the earlier effective registration statement
for the same offering. [_]
If this form is a post-effective amendment filed pursuant to Rule 462(d)
under the Securities Act, check the following box and list the Securities Act
registration statement number of the earlier effective registration statement
for the same offering. [_]
If delivery of the prospectus is expected to be made pursuant to Rule 434,
please check the following box. [_]
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CALCULATION OF REGISTRATION FEE
<TABLE>
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<CAPTION>
Proposed
Maximum Proposed
Offering Maximum
Price Aggregate Amount of
Title of Each Class of Amount to be Per Offering Registration
Securities to be Registered Registered(1) Share Price(1)(2) Fee(3)
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<S> <C> <C> <C> <C>
Common Stock, par value
$0.001...................... 8,050,000 $12.00 $96,600,000 $25,502
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(1) Includes 1,050,000 shares of common stock issuable upon exercise of the
Underwriters' over-allotment option.
(2) Estimated solely for the purpose of calculating the registration fee
pursuant to Rules 457(a) and 457(o) under the Securities Act of 1933, as
amended.
(3) Previously paid.
The Registrant hereby amends this Registration Statement on such date or
dates as may be necessary to delay its effective date until the Registrant
shall file a further amendment which specifically states that this
Registration Statement shall thereafter become effective in accordance with
Section 8(a) of the Securities Act of 1933 or until this Registration
Statement shall become effective on such date as the Commission, acting
pursuant to said Section 8(a), may determine.
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The Registrant had registered 8,050,000 shares of common stock, including
1,050,000 shares of common stock issuable upon exercise of the Underwriters'
over-allotment option. Of that over-allotment option, 350,000 shares of common
stock were not sold and are being removed from registration.
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SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the registrant
has duly caused this post effective amendment to the registration statement to
be signed on its behalf by the undersigned, thereunto duly authorized, in the
city of Palo Alto, State of California, on November 15, 2000.
DURECT CORPORATION
By: /s/ James E. Brown
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James E. Brown
President and Chief Executive Officer
POWER OF ATTORNEY
Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed by the following persons in the
capacities and on the dates indicated:
<TABLE>
<CAPTION>
Signature Title Date
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<S> <C> <C>
/s/ James E. Brown President, Chief Executive Officer November 15, 2000
------------------------------------ and Director
James E. Brown
* Chairman, Chief Scientific Officer November 15, 2000
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Felix Theeuwes
* Chief Financial Officer, Director November 15, 2000
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Thomas A. Schreck
* Director November 15, 2000
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James R. Butler
* Director November 15, 2000
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Douglas A. Lee
* Director November 15, 2000
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Albert L. Zesiger
* Director November 15, 2000
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Matthew V. McPherron
* Director November 15, 2000
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John L. Doyle
</TABLE>
* Power of Attorney
*By: /s/ James E. Brown
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By James E. Brown
Attorney-in-fact
