Gary Charles Robb - 06 Jul 2022 Form 4 Insider Report for CORCEPT THERAPEUTICS INC (CORT)

Role
Chief Business Officer
Signature
/s/ Joseph Douglas Lyon, as attorney-in-fact for Gary Charles Robb.
Issuer symbol
CORT
Transactions as of
06 Jul 2022
Net transactions value
-$1,102,032
Form type
4
Filing time
08 Jul 2022, 17:20:12 UTC
Previous filing
19 May 2022
Next filing
01 Sep 2022
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 $67,968 +32,677 +90% $2.08* 69,123 06 Jul 2022 Direct
transaction CORT Common Stock Sale $1,170,000 -45,000 -65% $26.00 24,123 06 Jul 2022 Direct F1, F2
holding CORT Common Stock 5,814 06 Jul 2022 Custodial Account for Child F3
holding CORT Common Stock 5,814 06 Jul 2022 Custodial Account for Child F3
holding CORT Common Stock 5,814 06 Jul 2022 Custodial Account for Child 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 +32,677 +40% $0.000000 114,964 06 Jul 2022 Common Stock 32,677 $2.08 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 11, 2022.
F2 Represents the weighted average sale price for the entire number of shares sold. The actual sale prices range from $26.00 to $26.001. Information on the exact number of shares sold at each sale price can be obtained from the issuer upon request.
F3 These shares are held by a child of the reporting person through a custodial account under the Uniform Transfers to Minors Act for which the reporting person is custodian.
F4 Fully exercisable.

Remarks:

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