G. Leonard Baker Jr - May 18, 2021 Form 4 Insider Report for CORCEPT THERAPEUTICS INC (CORT)

Role: Director
Signature: /s/ Kanwalpreet S. Kalra, by power of attorney
Stock symbol: CORT
Transactions as of: May 18, 2021
Transactions value $: $555,000
Form type: 4
Date filed: 5/20/2021, 06:35 PM
Next filing: May 28, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CORT	Common Stock	Options Exercise	$197K	+30K	+3.01%	$6.55^*	1.03M	May 18, 2021	Direct	F1
transaction	CORT	Common Stock	Options Exercise	$133K	+30K	+2.92%	$4.42^*	1.06M	May 18, 2021	Direct	F1
transaction	CORT	Common Stock	Options Exercise	$122K	+30K	+2.84%	$4.05^*	1.09M	May 18, 2021	Direct	F1
transaction	CORT	Common Stock	Options Exercise	$52.2K	+30K	+2.76%	$1.74^*	1.12M	May 18, 2021	Direct	F1
transaction	CORT	Common Stock	Options Exercise	$52.2K	+30K	+2.69%	$1.74^*	1.15M	May 18, 2021	Direct	F1, F2
holding	CORT	Common Stock						3.21M	May 18, 2021	By Ltd Partnership	F3
holding	CORT	Common Stock						955K	May 18, 2021	By Trust	F4

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	-30K	-100%	$0.00^*	0	May 18, 2021	Common Stock	30K	$1.74	Direct	F1, F5
transaction	CORT	Stock Option (Right To Buy)	Options Exercise	$0	-30K	-100%	$0.00^*	0	May 18, 2021	Common Stock	30K	$1.74	Direct	F1, F5
transaction	CORT	Stock Option (Right To Buy)	Options Exercise	$0	-30K	-100%	$0.00^*	0	May 18, 2021	Common Stock	30K	$4.42	Direct	F1, F5
transaction	CORT	Stock Option (Right To Buy)	Options Exercise	$0	-30K	-100%	$0.00^*	0	May 18, 2021	Common Stock	30K	$4.05	Direct	F1, F5
transaction	CORT	Stock Option (Right To Buy)	Options Exercise	$0	-30K	-100%	$0.00^*	0	May 18, 2021	Common Stock	30K	$6.55	Direct	F1, F5

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

Explanation of Responses:

Id	Content
F1	Pursuant to the policy of Sutter Hill Management Company, L.L.C. ("SHM"), the Reporting Person held these options and, following the exercise thereof, holds these shares for the exclusive benefit of SHM. The reporting person disclaims beneficial ownership of these securities.
F2	As described in footnote (1), includes an aggregate of 150,000 shares held for the exclusive benefit of SHM. The reporting person disclaims beneficial ownership of such shares.
F3	Shares held by a limited partnership of which the reporting person is a trustee of a trust which is the general partner. The reporting person disclaims beneficial ownership in these shares except as to the reporting person's pecuniary interest therein.
F4	Shares held by a trust of which the reporting person is a trustee. The reporting person disclaims beneficial ownership in these shares except as to the reporting person's pecuniary interest in the trust.
F5	Immediately exercisable.