Filing Details

Accession Number:
0000899243-22-025827
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-07-08 17:20:19
Reporting Period:
2022-07-06
Accepted Time:
2022-07-08 17:20:19
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
1286199 K Joseph Belanoff C/O Corcept Therapeutics Incorporated
149 Commonwealth Drive
Menlo Park CA 94025
Chief Executive Officer No Yes 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 2022-07-06 800,000 $2.08 800,000 No 4 M Direct
Common Stock Disposition 2022-07-06 451,189 $26.21 348,811 No 4 F Direct
Common Stock Disposition 2022-07-06 279,908 $26.27 2,538,218 No 4 S Indirect Joseph K. Belanoff and Katherine A. Blenko Revocable Living Trust DTD 01/29/02
Common Stock Disposition 2022-07-07 55,111 $26.26 2,483,107 No 4 S Indirect Joseph K. Belanoff and Katherine A. Blenko Revocable Living Trust DTD 01/29/02
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 S Indirect Joseph K. Belanoff and Katherine A. Blenko Revocable Living Trust DTD 01/29/02
No 4 S Indirect Joseph K. Belanoff and Katherine A. Blenko Revocable Living Trust DTD 01/29/02
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock option (right to buy) Acquisiton 2022-07-06 800,000 $0.00 800,000 $2.08
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2023-01-30 No 4 M Direct
Footnotes
  1. These shares were withheld so the Reporting Person could satisfy the exercise price and tax liability arising from a net (cashless) exercise of stock options that occurred on July 6, 2022. The options subject to the net exercise were to expire on January 30, 2023.
  2. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 11, 2022, as amended.
  3. Represents the weighted average sale price for the entire number of shares sold. The actual sale prices range from $26.21 to $26.65. Information on the exact number of shares sold at each sale price can be obtained from the issuer upon request.
  4. Represents the weighted average sale price for the entire number of shares sold. The actual sale prices range from $26.21 to $26.41. Information on the exact number of shares sold at each sale price can be obtained from the issuer upon request.
  5. Reporting Person has voting power over the shares held by the Joseph K. Belanoff and Katherine A. Blenko Revocable Living Trust DTD 01/29/02 pursuant to voting agreements and disclaims beneficial ownership of all of such shares, except to the extent of his pecuniary interest therein.
  6. Fully exercisable.