James N. Wilson - Jan 22, 2025 Form 4 Insider Report for CORCEPT THERAPEUTICS INC (CORT)

Role
Director
Signature
/s/ Joseph Douglas Lyon, as attorney-in-fact for James N. Wilson
Stock symbol
CORT
Transactions as of
Jan 22, 2025
Transactions value $
-$5,272,820
Form type
4
Date filed
1/24/2025, 08:20 PM
Previous filing
Dec 31, 2024
Next filing
Jan 29, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CORT Common Stock Options Exercise $823K +250K $3.29 250K Jan 22, 2025 Direct
transaction CORT Common Stock Tax liability -$6.1M -103K -41.3% $59.03 147K Jan 22, 2025 Direct F1
transaction CORT Common Stock Gift $0 -147K -100% $0.00 0 Jan 22, 2025 Direct
transaction CORT Common Stock Other $0 +147K +11.23% $0.00 1.45M Jan 22, 2025 James N. Wilson and Pamela D. Wilson Trust F2, F3
holding CORT Common Stock 901K Jan 22, 2025 James and Pamela Wilson Family Partners F3

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 -250K -100% $0.00 0 Jan 22, 2025 Common Stock 250K $3.29 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 January 22, 2025.
F2 Transfer of shares without consideration to the James N. Wilson and Pamela D. Wilson Trust.
F3 Reporting Person has voting power over the shares held by the James N. Wilson and Pamela D. Wilson Trust and James and Pamela Wilson Family Partners pursuant to voting agreements and disclaims beneficial ownership of all of such shares, except to the extent of his pecuniary interest therein.
F4 Fully exercisable.

Remarks:

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