G. LEONARD BAKER JR - 18 May 2021 Form 4 Insider Report for CORCEPT THERAPEUTICS INC (CORT)

Role
Director
Signature
/s/ Kanwalpreet S. Kalra, by power of attorney
Issuer symbol
CORT
Transactions as of
18 May 2021
Transactions value $
$555,000
Form type
4
Filing time
20 May 2021, 18:35:26 UTC
Next filing
28 May 2021
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 $197K +30K +3.01% $6.55* 1.03M 18 May 2021 Direct F1
transaction CORT Common Stock Options Exercise $133K +30K +2.92% $4.42* 1.06M 18 May 2021 Direct F1
transaction CORT Common Stock Options Exercise $122K +30K +2.84% $4.05* 1.09M 18 May 2021 Direct F1
transaction CORT Common Stock Options Exercise $52.2K +30K +2.76% $1.74* 1.12M 18 May 2021 Direct F1
transaction CORT Common Stock Options Exercise $52.2K +30K +2.69% $1.74* 1.15M 18 May 2021 Direct F1, F2
holding CORT Common Stock 3.21M 18 May 2021 By Ltd Partnership F3
holding CORT Common Stock 955K 18 May 2021 By Trust F4

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 18 May 2021 Common Stock 30K $1.74 Direct F1, F5
transaction CORT Stock Option (Right To Buy) Options Exercise $0 -30K -100% $0.00* 0 18 May 2021 Common Stock 30K $1.74 Direct F1, F5
transaction CORT Stock Option (Right To Buy) Options Exercise $0 -30K -100% $0.00* 0 18 May 2021 Common Stock 30K $4.42 Direct F1, F5
transaction CORT Stock Option (Right To Buy) Options Exercise $0 -30K -100% $0.00* 0 18 May 2021 Common Stock 30K $4.05 Direct F1, F5
transaction CORT Stock Option (Right To Buy) Options Exercise $0 -30K -100% $0.00* 0 18 May 2021 Common Stock 30K $6.55 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to the policy of Sutter Hill Management Company, L.L.C. ("SHM"), the Reporting Person held these options and, following the exercise thereof, holds these shares for the exclusive benefit of SHM. The reporting person disclaims beneficial ownership of these securities.
F2 As described in footnote (1), includes an aggregate of 150,000 shares held for the exclusive benefit of SHM. The reporting person disclaims beneficial ownership of such shares.
F3 Shares held by a limited partnership of which the reporting person is a trustee of a trust which is the general partner. The reporting person disclaims beneficial ownership in these shares except as to the reporting person's pecuniary interest therein.
F4 Shares held by a trust of which the reporting person is a trustee. The reporting person disclaims beneficial ownership in these shares except as to the reporting person's pecuniary interest in the trust.
F5 Immediately exercisable.