DAVID MAHONEY - 10 Apr 2024 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
10 Apr 2024
Transactions value $
-$17
Form type
4
Filing time
12 Apr 2024, 19:00:07 UTC
Previous filing
31 Aug 2023
Next filing
21 May 2024
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 $1.74* 30K 10 Apr 2024 Direct
transaction CORT Common Stock Tax liability -$52.2K -2.19K -7.31% $23.80 27.8K 10 Apr 2024 Direct F1
transaction CORT Common Stock Other $0 -27.8K -50% $0.00 27.8K 10 Apr 2024 Direct F2
transaction CORT Common Stock Other $0 +27.8K +2.35% $0.00 1.21M 10 Apr 2024 Held by David L. Mahoney and Winnifred C. Ellis 1998 Family Trust F2, F3
holding CORT Common Stock 46.1K 10 Apr 2024 The Black Dog Private Foundation

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 10 Apr 2024 Common Stock 30K $1.74 Direct F4
* 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 April 10, 2024. The options subject to the net exercise were to expire on May 8, 2024.
F2 Transfer of shares without consideration to the David L. Mahoney and Winnifred C. Ellis 1998 Family Trust.
F3 The Form 4 previously filed inadvertently overstated the number of shares held by 15,000. The number in Column 5 reflects the corrected amount.
F4 Fully exercisable.

Remarks:

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