SEC Form 4 · accession 0001225208-18-009351
CORCEPT THERAPEUTICS INC · CORT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
G Leonard Baker Jr.
Director
Period of report
May 11, 2018
Accepted (ET)
May 15, 2018 · 5:30 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 | May 11, 2018 | M | 30,000 | $2.23 | A | 806,838 | D | |
| Common StockF2,F1 | May 11, 2018 | S | 30,000 | $16.0104 | D | 776,838 | D | |
| Common StockF3 | holding | — | — | — | 2,613,634 | I | By Ltd Partnership | |
| Common StockF4 | holding | — | — | — | 955,055 | I | By Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right To Buy)F1 | $2.23 | May 11, 2018 | M | 30,000 | D | Jul 10, 2008 | Jun 10, 2018 | Common Stock | 30,000 | 0 | D |
Explanation of responses
- F1The reporting person shares pecuniary interest in these shares with other individuals pursuant to a contractual relationship. The reporting person disclaims beneficial ownership in these shares except as to the reporting person's pecuniary interest in these shares.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $16.00 to $16.22, inclusive. The reporting person undertakes to provide to Corcept Therapeutics Incorporated, and any security holder of Corcept Therapeutics Incorporated, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3Shares 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.
- F4Shares 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.