CORCEPT THERAPEUTICS INC — Director's Dealing 2010

Apr 23, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CORCEPT THERAPEUTICS INC (CORT)
CIK: 0001088856
Period of Report: 2010-04-21

Reporting Person: COXE TENCH (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-04-21	Common Stock	X	70867	$1.66	Acquired	430915	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-04-21	Common Stock Warrant	$1.66	X	70867	Disposed	2012-10-16	Common Stock (70867)	Indirect
2010-04-21	Common Stock Warrant	$2.96	P	70867	Acquired	2013-04-21	Common Stock (70867)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	752082	Indirect
Common Stock	87804	Indirect

Footnotes

F1: Issuance of common stock upon exercise of warrants in accordance with the Securities Purchase Agreement dated as of October 12, 2009.

F2: Shares held by SHV Profit Sharing Plan, a retirement trust, for the benefit of the reporting person.

F3: Shares 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.

F4: Shares held by a charitable remainder unitrust of which the reporting person is the trustee. The reporting person disclaims beneficial ownership in these shares except as to the reporting person's pecuniary interest in the trust.

F5: Purchase price per unit. Each unit consists of 1 common share and a warrant to purchase 0.35 of a share of common stock at an exercise price of $1.66 per share.

F6: 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).