SEC Form 4 · accession 0001144204-15-020559
CORCEPT THERAPEUTICS INC · CORT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Longitude Venture Partners L.P.
Director · 10% Owner
Longitude Capital Associates, L.P.
10% Owner
Longitude Capital Partners, LLC
10% Owner
Bakker Juliet Tammenoms
10% Owner
Period of report
Mar 30, 2015
Accepted (ET)
Apr 1, 2015 · 4:05 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001088856
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 30, 2015 | X | 839,811 | $4.05 | A | 14,516,932 | D | |
| Common StockF3 | Mar 30, 2015 | X | 16,833 | $4.05 | A | 194,958 | I | By LCA |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Warrant (Right to Buy)F1 | $4.05 | Mar 30, 2015 | X | 839,811 | D | Mar 29, 2012 | Mar 30, 2015 | Common Stock | 839,811 | 0 | D |
| Warrant (Right to Buy)F3 | $4.05 | Mar 30, 2015 | X | 16,833 | D | Mar 29, 2012 | Mar 30, 2015 | Common Stock | 16,833 | 0 | I |
Explanation of responses
- F1Reflects transactions and holdings of shares of common stock of the Issuer held of record by Longitude Venture Partners, L.P. ("LVP"). This report is filed jointly by LVP, Longitude Capital Partners, LLC ("Longitude Capital"), the sole general partner of LVP, and Juliet Tammenoms Bakker, a managing member of Longitude Capital, with respect to the securities held and transactions effected by LVP. LVP may also be deemed a director by virtue of its right to nominate a representative to serve on the Issuer's Board of Directors. Patrick G. Enright currently serves as LVP's representative on the Issuer's Board of Directors and files separate reports under Section 16(a) of the Securities Exchange Act of 1934 to report transactions in securities of the Issuer. Each of Longitude Capital and Ms. Bakker disclaims beneficial ownership of these securities, except to the extent of their respective pecuniary interest therein.
- F2On March 30, 2015, LVP exercised a warrant to purchase 839,811 shares of the Issuer's common stock for a cash exercise price of $4.05 per share.
- F3Reflects transactions and holdings of shares of common stock of the Issuer held of record by Longitude Capital Associates, L.P. ("LCA"). This report is jointly filed by LCA, Longitude Capital, the sole general partner of LCA, and Ms. Bakker, a managing member of Longitude Capital, with respect to the securities held and transactions effected by LCA. Each of Longitude Capital and Ms. Bakker disclaims beneficial ownership of these securities, except to the extent of their respective pecuniary interest therein.
- F4On March 30, 2015, LCA exercised a warrant to purchase 16,833 shares of the Issuer's common stock for a cash exercise price of $4.05 per share.