William Guyer - 01 Sep 2021 Form 4 Insider Report for CORCEPT THERAPEUTICS INC (CORT)

Role: Chief Development Officer
Signature: /s/ Joseph Douglas Lyon, Attorney-in-Fact for William Guyer
Issuer symbol: CORT
Transactions as of: 01 Sep 2021
Net transactions value: $0
Form type: 4
Filing time: 03 Sep 2021, 17:12:36 UTC
Previous filing: 19 Aug 2021
Next filing: 11 Feb 2022
SEC: View on sec.gov

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)	Award	$0	+500,000		$0.000000	500,000	01 Sep 2021	Common Stock	500,000	$21.65	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares subject to the stock option vest and become exercisable with respect to 25% of the shares on the first anniversary of August 16, 2021 (the "Vesting Commencement Date") with the remaining shares vesting and becoming exercisable ratably on a monthly basis over a period of 36 consecutive months thereafter until fully vested and exercisable on the fourth anniversary of the Vesting Commencement Date, subject to the Reporting Person's continued service.

Content

Shares subject to the stock option vest and become exercisable with respect to 25% of the shares on the first anniversary of August 16, 2021 (the "Vesting Commencement Date") with the remaining shares vesting and becoming exercisable ratably on a monthly basis over a period of 36 consecutive months thereafter until fully vested and exercisable on the fourth anniversary of the Vesting Commencement Date, subject to the Reporting Person's continued service.