Company: CRNX
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001658247-25-000019
Chunk: 69

Company: Crinetics Pharmaceuticals, Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 8
Chunk 69
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 for future issuance under the Company's 2018 Incentive Award Plan (the “2018 Plan”).The 2018 Plan contains a provision that allows annual increases in the number of shares available for issuance on the first day of each calendar year through January 1, 2028, in an amount equal to the lesser of: (i) 5% of the aggregate number of shares of the Company’s common stock outstanding on December 31 of the immediately preceding calendar year, or (ii) 

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such lesser amount determined by the Company. Under this evergreen provision, on January 1, 2025, an additional 4,646,320 shares became available for future issuance under the 2018 Plan.2018 Employee Stock Purchase PlanAs of September 30, 2025, 2,865,513 shares of common stock were available for issuance under the Company's 2018 Employee Stock Purchase Plan (the “ESPP”).The ESPP contains a provision that allows annual increases in the number of shares available for issuance on the first day of each calendar year through January 1, 2028, in an amount equal to the lesser of: (i) 1% of the aggregate number of shares of the Company’s common stock outstanding on December 31 of the immediately preceding calendar year, or (ii) such lesser amount determined by the Company. Under this evergreen provision, on January 1, 2025, an additional 929,264 shares became available for future issuance under the ESPP.Stock AwardsStock OptionsActivity under the Company’s stock option plans during the nine months ended September 30, 2025 was as follows:OptionsOutstandingWeighted-AverageExercisePriceWeighted-AverageRemainingTerm(in years)AggregateIntrinsicValue(000’s)Balance at December 31, 202413,665,771$26.57 Granted2,877,728$35.35 Exercised(1,094,579)$15.01 Forfeited and expired(818,458)$32.97 Balance at September 30, 202514,630,462$28.86 7.2$201,914 Vested and expected to vest at September 30, 202514,630,462$28.86 7.2$201,914 Exercisable at September 30, 20257,848,865$24.02 6.2$142,