| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CORT | Common Stock | Options Exercise | $61.8K | +5.44K | +74.42% | $11.35* | 12.8K | Apr 4, 2024 | Direct | F1 |
| transaction | CORT | Common Stock | Sale | -$142K | -5.44K | -42.67% | $26.00 | 7.31K | Apr 4, 2024 | Direct | F1, F2, F3 |
| 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 | -5.44K | -12.76% | $0.00 | 37.2K | Apr 4, 2024 | Common Stock | 5.44K | $11.35 | Direct | F4 |
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).
| Id | Content |
|---|---|
| F1 | Includes 1,411 shares underlying unvested restricted stock awards granted to the Reporting Person by the Issuer on June 1, 2023, 361 shares underlying unvested restricted stock awards granted to the Reporting Person by the Issuer on September 1, 2023, 460 shares underlying unvested restricted stock awards granted to the Reporting Person by the Issuer on December 1, 2023, and 507 shares underlying unvested restricted stock awards granted to the Reporting Person by the Issuer on March 1, 2024. 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. |
| F2 | The transaction was made pursuant to a 10b5-1 plan in effect at the time of the transaction. |
| F3 | Represents the weighted average sale price for the entire number of shares sold. The actual sale prices range from $26.00 to $26.01 per share. Information on the exact number of shares sold at each sale price can be obtained from the issuer upon request. |
| F4 | Fully exercisable. |
Chief Accounting & Technology Officer