Filing Details

Accession Number:
0001209191-10-023464
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-04-23 13:00:00
Reporting Period:
2010-04-21
Filing Date:
2010-04-23
Accepted Time:
2010-04-23 14:23:35
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1088856 Corcept Therapeutics Inc CORT Pharmaceutical Preparations (2834) 770487658
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1224091 L David Mahoney C/O Corcept Therapeutics
149 Commonwealth Drive
Menlo Park CA 94025
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2010-04-21 48,952 $1.66 1,118,062 No 4 P Indirect By Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By Trust
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Warrants Disposition 2010-04-21 48,952 $0.13 48,952 $1.66
Common Stock Warrants Acquisiton 2010-04-21 48,952 $0.13 48,952 $2.96
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2009-10-16 2012-10-16 No 4 X Indirect
48,952 2010-04-21 2013-04-21 No 4 P Indirect
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Stock Option (right to buy) $5.00 2014-07-20 60,000 60,000 Direct
Common Stock Stock Option (right to buy) $4.95 2016-03-02 10,000 10,000 Direct
Common Stock Stock option (right to buy) $2.70 2017-12-19 30,000 30,000 Direct
Common Stock Warrants $2.77 2008-03-25 2015-03-24 30,534 65,838 Indirect
Common Stock Stock Option (right to buy) $2.23 2018-06-10 30,000 30,000 Direct
Common Stock Stock Option (right to buy) $0.96 2019-06-11 50,000 50,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2014-07-20 60,000 60,000 Direct
2016-03-02 10,000 10,000 Direct
2017-12-19 30,000 30,000 Direct
2015-03-24 30,534 65,838 Indirect
2018-06-10 30,000 30,000 Direct
2019-06-11 50,000 50,000 Direct
Footnotes
  1. Issuance of common stock upon exercise of warrant in accordance with the Securities Purchase Agreement dated as of October 12, 2009.
  2. Immediately exercisable subject to a right of repurchase by Corcept Therapeutics Incorporated that shall lapse at the rate of 20% of the total option shares on 7/20/2005 and an additional 1.67% of the total option shares on each monthly anniverary of 7/20/2005.
  3. Exercisable with respect to 25% of the total number of Option Shares one year after 3/2/2006 and with respect to an additional 2.0834% of the total number of Option Shares on the monthly anniversary of 3/2/2006 each month thereafter.
  4. Exercisable with respect to 8.3334% of the total optionsshares on each monthly anniversary of June 11, 2007 so that the entirety of the option grant will vest in one year.
  5. Exercisable with respect to 8.3334% of the total option shares on each monthly anniversary of June 10, 2008 so that the entirety of the option grant will vest within one year.
  6. Exercisable with respect to 8.3334% of the total option shares on each monthly anniversary of June 11, 2009 so that the entirety of the option grant will vest on or before the date of Corcept's next Annual Meeting of Stockholders.
  7. Acquired from the issuer pursuant to a Warrant Purchase Agreement dated April 21, 2010 whereby purchase of the new warrants was conditioned upon the exercise of warrants that had been issued in October 2009 (see also Footnote #1 above).