DAVID MAHONEY - 08 May 2023 Form 4 Insider Report for CORCEPT THERAPEUTICS INC (CORT)

Role
Director
Signature
/s/ Joseph Douglas Lyon, as attorney-in-fact for David L Mahoney.
Issuer symbol
CORT
Transactions as of
08 May 2023
Transactions value $
-$1
Form type
4
Filing time
09 May 2023, 16:45:09 UTC
Previous filing
14 Feb 2023
Next filing
23 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CORT Common Stock Options Exercise $52.2K +30K +2.48% $1.74* 1.24M 08 May 2023 Held by David L. Mahoney and Winnifred C. Ellis 1998 Family Trust F2
transaction CORT Common Stock Tax liability -$52.2K -2.2K -0.18% $23.76 1.24M 08 May 2023 Held by David L. Mahoney and Winnifred C. Ellis 1998 Family Trust F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CORT Stock option (right to buy) Options Exercise $0 -30K -100% $0.00* 0 08 May 2023 Common Stock 30K $1.74 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were withheld so the Reporting Person could satisfy the exercise price and tax liability arising from a net (cashless) exercise of stock options that occurred on May 8, 2023. The options subject to the net exercise were to expire on May 17, 2023.
F2 Fully exercisable.

Remarks:

The power of attorney under which this form was signed is on file with the Commission.