Duvall Diantha 4
4 · CURIS INC · Filed May 23, 2024
Insider Transaction Report
Form 4
CURIS INCCRIS
Transactions
- Award
Employee stock option (right to buy)
2024-05-21$11.62/sh+39,000$453,180→ 39,000 totalExercise: $11.62Exp: 2034-01-18→ Common Stock (39,000 underlying)
Footnotes (2)
- [F1]This option grant, as disclosed in Curis Inc.'s 2024 proxy statement, was approved by the Compensation Committee of the Board of Directors of Curis, Inc. on January 19, 2024, contingent upon shareholder approval of Curis's Fifth Amended and Restated 2010 Stock Incentive Plan to, among other things, increase the number of shares authorized for issuance thereunder and increase the per participant limit on the number of shares subject to awards that can be granted annually to participants in the plan; and further provided that such option would not be exercisable and no common stock would be issued thereunder, if the Fifth Amended and Restated 2010 Plan was not approved by Curis's shareholders. On May 21, 2024, at the 2024 annual meeting of shareholders, Curis's shareholders approved the Fifth Amended and Restated 2010 Plan.
- [F2]The option grant described in this Form 4 filing vests as to 25% of the original shares on January 19, 2025 and as to an additional 6.25% of the original shares each successive quarter and until January 19, 2028.