Hazel Hunt - 14 Jul 2021 Form 4 Insider Report for CORCEPT THERAPEUTICS INC (CORT)

Signature
/s/ Joseph Douglas Lyon, Attorney-in-Fact for Hazel Hunt
Issuer symbol
CORT
Transactions as of
14 Jul 2021
Net transactions value
-$483,124
Form type
4
Filing time
16 Jul 2021, 17:14:28 UTC
Next filing
28 Jan 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CORT Common Stock Options Exercise $144,500 +50,000 +264% $2.89* 68,975 14 Jul 2021 Direct
transaction CORT Common Stock Tax liability $627,624 -30,482 -44% $20.59 38,493 14 Jul 2021 Direct F1

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 -50,000 -100% $0.000000* 0 14 Jul 2021 Common Stock 50,000 $2.89 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 the withholding of taxes arising from a net (cashless) exercise of stock options. The options subject to the net exercise were to expire on August 9, 2021.
F2 Fully exercisable.