Daniel N. Swisher Jr. - 07 Aug 2023 Form 4 Insider Report for CORCEPT THERAPEUTICS INC (CORT)

Role
Director
Signature
/s/ Joseph Douglas Lyon, as attorney-in-fact for Daniel N. Swisher, Jr
Issuer symbol
CORT
Transactions as of
07 Aug 2023
Net transactions value
-$67,690
Form type
4
Filing time
09 Aug 2023, 15:07:24 UTC
Previous filing
09 Jun 2023
Next filing
06 Sep 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CORT Common Stock Options Exercise $14,410 +2,200 $6.55* 2,200 07 Aug 2023 Direct
transaction CORT Common Stock Options Exercise $3,809 +650 +30% $5.86* 2,850 07 Aug 2023 Direct
transaction CORT Common Stock Sale $66,308 -2,200 -77% $30.14 650 07 Aug 2023 Direct
transaction CORT Common Stock Sale $19,601 -650 -100% $30.16 0 07 Aug 2023 Direct

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 -2,200 -29% $0.000000 5,300 07 Aug 2023 Common Stock 2,200 $6.55 Direct F1
transaction CORT Stock option (right to buy) Options Exercise $0 -650 -1.3% $0.000000 49,350 07 Aug 2023 Common Stock 650 $5.86 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Fully exercisable.

Remarks:

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