CURIS INC — Director's Dealing 2012

Apr 20, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CURIS INC (CRIS)
CIK: 0001108205
Period of Report: 2012-04-18

Reporting Person: GRAY MICHAEL (COO and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-04-18	Common stock	M	40423	$1.50	Acquired	127036	Direct
2012-04-18	Common stock	S	40423	$5.01	Disposed	86613	Direct
2012-04-19	Common stock	M	2421	$1.50	Acquired	89034	Direct
2012-04-19	Common stock	S	2421	$5.01	Disposed	86613	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-04-18	Qualified stock option (right to buy)	$1.50	M	40330	Disposed	2012-06-05	Common stock (40330)	Direct
2012-04-18	Non-qualified stock option (right to buy)	$1.50	M	93	Disposed	2012-06-05	Common stock (93)	Direct
2012-04-19	Qualified stock option (right to buy)	$1.50	M	2421	Disposed	2012-06-05	Common stock (2421)	Direct

Footnotes

F1: Options vested over a four-year period and became fully vested on June 5, 2006.

F2: The exercise and sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 9, 2012.

F3: These shares were sold between $5.00-$5.02/share. The Company will provide, upon request, full information regarding the number of shares sold at each separate price.