Gary Charles Robb - 09 May 2023 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
09 May 2023
Net transactions value
-$1,053,080
Form type
4
Filing time
11 May 2023, 19:30:10 UTC
Previous filing
09 May 2023
Next filing
05 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CORT Common Stock Sale $716,100 -30,000 -47% $23.87 33,997 09 May 2023 Direct F1, F3
transaction CORT Common Stock Sale $336,980 -14,000 -41% $24.07 19,997 10 May 2023 Direct F2, F3
holding CORT Common Stock 7,336 09 May 2023 Custodial Account for Child F4
holding CORT Common Stock 7,336 09 May 2023 Custodial Account for Child F4
holding CORT Common Stock 7,336 09 May 2023 Custodial Account for Child F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the weighted average sale price for the entire number of shares sold. The actual sale prices range from $23.81 to $24.04. Information on the exact number of shares sold at each sale price can be obtained from the issuer upon request.
F2 Represents the weighted average sale price for the entire number of shares sold. The actual sale prices range from $23.99 to $24.16. Information on the exact number of shares sold at each sale price can be obtained from the issuer upon request.
F3 Includes 1,010 shares underlying unvested restricted stock awards granted to the Reporting Person by the Issuer on September 1, 2022, and 1,600 shares underlying unvested restricted stock awards granted to the Reporting Person by the Issuer on March 1, 2023. 100% of the shares underlying the restricted stock awards will vest on the one-year anniversary of the grant date provided the Reporting Person satisfies certain requirements.
F4 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.

Remarks:

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