G. Leonard Baker Jr - Jun 11, 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
Jun 11, 2021
Transactions value $
$3,229,500
Form type
4
Date filed
6/15/2021, 07:01 PM
Previous filing
May 28, 2021
Next filing
Feb 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CORT Common Stock Purchase $1.08M +50K +5.02% $21.53 1.05M Jun 11, 2021 Direct F1, F2
transaction CORT Common Stock Purchase $2.15M +100K +3.12% $21.53 3.31M Jun 11, 2021 By Ltd Partnership F3, F4
holding CORT Common Stock 955K Jun 11, 2021 By Trust F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were previously held by the Reporting Person for the exclusive benefit of Sutter Hill Management Company, L.L.C. ("SHM"), pursuant to the policy of SHM, and the Reporting Person previously disclaimed beneficial ownership of such shares. For the purpose of Section 16, the purchase of these shares by the Reporting Person's Roth IRA constituted a purchase by the Reporting Person to the extent that it increased his pecuniary interest in such shares.
F2 The number of shares reported as directly held reflects the reduction of shares previously reported by the Reporting Person as held for the exclusive benefit of SHM, to the extent of the shares acquired by Saunders Holdings, L.P., as described in footnote.
F3 These shares were previously held by the Reporting Person for the exclusive benefit of Sutter Hill Management Company, L.L.C. ("SHM"), pursuant to the policy of SHM, and the Reporting Person previously disclaimed beneficial ownership of such shares. For the purpose of Section 16, the purchase of these shares by Saunders Holdings, L.P. constituted a purchase by the Reporting Person to the extent that it increased his pecuniary interest in such shares.
F4 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.
F5 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.