Curis CDO granted 48,285 stock options at $5.29
CURIS INC Chief Development Officer Jonathan B. Zung received a grant of employee stock options covering 48,285 shares of common stock at an exercise price of $5.29 per share.
Rhea-AI Filing Summary
CURIS INC Chief Development Officer Jonathan B. Zung received a grant of employee stock options covering 48,285 shares of common stock at an exercise price of $5.29 per share. These options expire on July 6, 2036 and represent his entire reported option position in this filing.
The grant vests over time. According to the terms, 25% of the original option shares vest on July 7, 2027, with an additional 6.25% vesting each successive quarter until July 7, 2030. This structure ties a significant portion of his compensation to the company’s long-term stock performance.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee stock option (right to buy) | 48,285 | $5.29 | $255K |
Footnotes (1)
- F1. The option grant described in this Form 4 filing vests as to 25% of the original shares on July 7, 2027 and as to an additional 6.25% of the original shares each successive quarter and until July 7, 2030.
Key Figures
Key Terms
Employee stock option financial
exercise price financial
vesting financial
expiration date financial
FAQ
What did CURIS INC (CRIS) disclose about Jonathan Zung in this Form 4?
How many CURIS INC (CRIS) options were granted to Jonathan Zung and at what price?
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