Curis (CRIS) director John Hohneker receives 6,800 stock options at $5.29
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CURIS INC director John Hohneker received a grant of 6,800 non-qualified stock options with an exercise price of $5.29 per share. These options relate to 6,800 shares of common stock and were awarded as a grant or other acquisition, not an open-market purchase or sale.
The options vest as to 100% of the underlying shares on July 7, 2027, and are scheduled to expire on July 6, 2036. Following this award, Hohneker holds 6,800 derivative securities directly in the form of these options.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hohneker John
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non Qualified Stock Option | 6,800 | $5.29 | $36K |
Holdings After Transaction:
Non Qualified Stock Option — 6,800 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 6,800 options
Exercise price: $5.29 per share
Underlying shares: 6,800 shares
+3 more
6 metrics
Options granted
6,800 options
Non-qualified stock option grant to director
Exercise price
$5.29 per share
Conversion or exercise price for options
Underlying shares
6,800 shares
Common stock underlying granted options
Total derivative holdings
6,800 options
Total derivative securities following transaction
Vesting date
July 7, 2027
100% of underlying shares vest on this date
Expiration date
July 6, 2036
Option expiration for this grant
Key Terms
Non Qualified Stock Option, grant/award acquisition, vesting, expiration date
4 terms
Non Qualified Stock Option financial
"security_title: "Non Qualified Stock Option""
grant/award acquisition financial
"transaction_action: "grant/award acquisition""
vesting financial
"vests as to 100% of the underlying shares on July 7, 2027"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
expiration date financial
"expiration_date: "2036-07-06T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.