SEC Form 4 · accession 0001209191-15-029323

CORCEPT THERAPEUTICS INC · CORT

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Joseph C Cook Jr.

Director

Period of report

Mar 19, 2015

Accepted (ET)

Mar 25, 2015 · 7:34 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 Stock	Mar 19, 2015	X	145,480	$2.77	A	2,186,306	D
Common Stock	Mar 19, 2015	S	77,200	$5.22	D	2,109,106	D
Common Stock^F3	Mar 19, 2015	X	14,402	$2.77	A	249,164	I	See footnotes (2) and (3)
Common stock^F3	Mar 19, 2015	S	7,643	$5.22	D	241,521	I	See footnotes (2) and (3)
Common stock^F5	Mar 19, 2015	X	13,995	$2.77	A	363,995	I	See footnotes (4) and (5)
Common stock^F5	Mar 19, 2015	S	7,427	$5.22	D	356,568	I	See footnotes (4) and (5)

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)	$2.77	Mar 19, 2015	X	31,570	D	Feb 6, 2009	Mar 24, 2015	Common Stock	31,570	88,261	D
Warrant (Right to Buy)	$2.77	Mar 19, 2015	X	88,261	D	Mar 25, 2008	Mar 24, 2015	Common Stock	88,261	0	D
Warrant (Right to Buy)	$2.77	Mar 19, 2015	X	25,649	D	Feb 6, 2009	Mar 24, 2015	Common Stock	25,649	0	D
Warrant (Right to Buy)	$2.77	Mar 19, 2015	X	14,402	D	Feb 6, 2009	Mar 24, 2015	Common Stock	14,402	0	I
Warrant (Right to Buy)	$2.77	Mar 19, 2015	X	13,995	D	Feb 6, 2009	Mar 24, 2015	Common Sotck	13,995	0	I

Explanation of responses

F1On March 19, 2015, the reporting person exercised warrants to purchase 145,480 shares of the Issuer's common stock for an exercise price of $2.77 per share. The reporting person paid the exercise prices on a cashless basis, resulting in the Issuer's withholding of 77,200 of such shares to pay the exercise price and issuing the remaining 68,280 shares to the reporting person.
F2On March 19, 2015, Farview Management, Co. L.P. (Farview) exercised a warrant to purchase 14,402 shares of the Issuer's common stock for an exercise price of $2.77 per share. Farview paid the exercise price on a cashless basis, resulting in the Issuer withholding 7,643 of such shares to pay the exercise price and issuing to Farview the remaining 6,759 shares.
F3Reflects transactions and holdings of shares of common stock of the Issuer held of records by Farview Management, Co. L.P., of which the reporting person is a general partner.
F4On March 19, 2015, the Judith E. and Joseph C. Cook, Jr. Foundation, Inc., or Cook Foundation, exercised a warrant to purchase 13,995 shares of the Issuer's common stock for an exercise price of $2.77 per share. The Cook Foundation paid the exercise price on a cashless basis, resulting in the Issuer's withholding 7,427 of such shares to pay the exercise price and issuing to the Cook Foundation the remaining 6,568 shares. Mr. Cook and Judith E. Cook may be deemed to have shared voting and investment power over the shares held by the Cook Foundation. Each of these individuals disclaims beneficial ownership of all such shares, except to the extent of his or her pecuniary interest therein.
F5Reflects transactions and holdings of shares of common stock of the Issuer held of record by the Cook Foundation.