Crinetics Pharmaceuticals Grants Stock Options and RSUs to New Employees Under 2021 Inducement Plan

Reuters12-11

Crinetics Pharmaceuticals Grants Stock Options and RSUs to New Employees Under 2021 Inducement Plan

Crinetics Pharmaceuticals Inc. has granted non-qualified stock options to purchase a total of 39,575 shares and 26,525 restricted stock units (RSUs) to nine new non-executive employees under its 2021 Employment Inducement Incentive Award Plan. The stock options have an exercise price of $48.06 per share, matching the company's closing share price on the grant date. Stock options will vest over four years, with 25% vesting after one year and the remainder vesting in equal monthly installments over the following three years. RSUs will vest in equal annual installments over four years, starting on the one-year anniversary of the grant date. Both stock option and RSU awards are subject to continued employment and the terms of the 2021 Inducement Plan.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Crinetics Pharmaceuticals Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9600339-en) on December 10, 2025, and is solely responsible for the information contained therein.

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The stock options have an exercise price of $48.06 per share, matching the company's closing share price on the grant date. Stock options will vest over four years, with 25% vesting after one year and the remainder vesting in equal monthly installments over the following three years. RSUs will vest in equal annual installments over four years, starting on the one-year anniversary of the grant date. Both stock option and RSU awards are subject to continued employment and the terms of the 2021 Inducement Plan.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Crinetics Pharmaceuticals Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. 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