CURIS INC — Director's Dealing 2012

May 2, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CURIS INC (CRIS)
CIK: 0001108205
Period of Report: 2012-04-30

Reporting Person: PASSERI DANIEL R (CEO and Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-04-30	Common stock	M	57837	$1.50	Acquired	183587	Direct
2012-04-30	Common stock	S	57837	$4.83	Disposed	125750	Direct
2012-04-30	Common stock	M	16813	$1.09	Acquired	142563	Direct
2012-04-30	Common stock	S	16813	$4.83	Disposed	125750	Direct
2012-05-01	Common stock	M	36000	$1.09	Disposed	161750	Direct
2012-05-01	Common stock	S	36000	$4.80	Disposed	125750	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-04-30	Non-qualified stock option	$1.50	M	57837	Disposed	2012-06-05	Common stock (57837)	Direct
2012-04-30	Non-qualified stock option	$1.09	M	16813	Disposed	2012-09-25	Common stock (16813)	Direct
2012-05-01	Non-qualified stock option	$1.09	M	36000	Disposed	2012-09-25	Common stock (36000)	Direct

Footnotes

F1: The exercise and sale reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 28, 2012.

F2: These shares were sold between $4.78-$4.95/share. The Company will provide, upon request, full information regarding the number of shares sold at each separate price.

F3: These shares were sold between $4.73-$4.87/share. The Company will provide, upon request, full information regarding the number of shares sold at each separate price.

F4: Options vested over a four-year period and became fully vested on June 5, 2006.

F5: Options vested over a four-year period and became fully vested on September 25, 2006.