<SEC-DOCUMENT>0001144204-14-020626.txt : 20140403
<SEC-HEADER>0001144204-14-020626.hdr.sgml : 20140403
<ACCEPTANCE-DATETIME>20140403180208
ACCESSION NUMBER:		0001144204-14-020626
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20140401
FILED AS OF DATE:		20140403
DATE AS OF CHANGE:		20140403

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CORCEPT THERAPEUTICS INC
		CENTRAL INDEX KEY:			0001088856
		STANDARD INDUSTRIAL CLASSIFICATION:	PHARMACEUTICAL PREPARATIONS [2834]
		IRS NUMBER:				770487658
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		149 COMMONWEALTH DRIVE
		CITY:			MENLO PARK
		STATE:			CA
		ZIP:			94025
		BUSINESS PHONE:		650.688.8803

	MAIL ADDRESS:	
		STREET 1:		149 COMMONWEALTH DRIVE
		CITY:			MENLO PARK
		STATE:			CA
		ZIP:			94025

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Tammenoms Bakker Juliet
		CENTRAL INDEX KEY:			0001431159

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-50679
		FILM NUMBER:		14743572

	MAIL ADDRESS:	
		STREET 1:		LONGITUDE CAPITAL MANAGEMENT CO., LLC
		STREET 2:		800 EL CAMINO REAL, SUITE 220
		CITY:			MENLO PARK
		STATE:			CA
		ZIP:			94025

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Longitude Capital Partners, LLC
		CENTRAL INDEX KEY:			0001430720

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-50679
		FILM NUMBER:		14743573

	BUSINESS ADDRESS:	
		STREET 1:		800 EL CAMINO REAL
		STREET 2:		SUITE 220
		CITY:			MENLO PARK
		STATE:			CA
		ZIP:			94025
		BUSINESS PHONE:		650-854-5700

	MAIL ADDRESS:	
		STREET 1:		800 EL CAMINO REAL
		STREET 2:		SUITE 220
		CITY:			MENLO PARK
		STATE:			CA
		ZIP:			94025

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Longitude Capital Associates, L.P.
		CENTRAL INDEX KEY:			0001430719

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-50679
		FILM NUMBER:		14743574

	BUSINESS ADDRESS:	
		STREET 1:		800 EL CAMINO REAL
		STREET 2:		SUITE 220
		CITY:			MENLO PARK
		STATE:			CA
		ZIP:			94025
		BUSINESS PHONE:		650-854-5700

	MAIL ADDRESS:	
		STREET 1:		800 EL CAMINO REAL
		STREET 2:		SUITE 220
		CITY:			MENLO PARK
		STATE:			CA
		ZIP:			94025

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Longitude Venture Partners L.P.
		CENTRAL INDEX KEY:			0001419701
		STATE OF INCORPORATION:			DE

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-50679
		FILM NUMBER:		14743575

	BUSINESS ADDRESS:	
		STREET 1:		800 EL CAMINO REAL
		STREET 2:		SUITE 220
		CITY:			Menlo Park
		STATE:			ca
		ZIP:			94025
		BUSINESS PHONE:		650-854-5700

	MAIL ADDRESS:	
		STREET 1:		800 EL CAMINO REAL
		STREET 2:		SUITE 220
		CITY:			Menlo Park
		STATE:			ca
		ZIP:			94025

	FORMER NAME:	
		FORMER CONFORMED NAME:	Longitude Venture Partners LP
		DATE OF NAME CHANGE:	20071128
</SEC-HEADER>
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<SEQUENCE>1
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    <periodOfReport>2014-04-01</periodOfReport>

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    <issuer>
        <issuerCik>0001088856</issuerCik>
        <issuerName>CORCEPT THERAPEUTICS INC</issuerName>
        <issuerTradingSymbol>CORT</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001419701</rptOwnerCik>
            <rptOwnerName>Longitude Venture Partners L.P.</rptOwnerName>
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        <reportingOwnerAddress>
            <rptOwnerStreet1>800 EL CAMINO REAL</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 220</rptOwnerStreet2>
            <rptOwnerCity>MENLO PARK</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>94025</rptOwnerZipCode>
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    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001430719</rptOwnerCik>
            <rptOwnerName>Longitude Capital Associates, L.P.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>800 EL CAMINO REAL</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 220</rptOwnerStreet2>
            <rptOwnerCity>MENLO PARK</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>94025</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
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        </reportingOwnerRelationship>
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    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001430720</rptOwnerCik>
            <rptOwnerName>Longitude Capital Partners, LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>800 EL CAMINO REAL</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 220</rptOwnerStreet2>
            <rptOwnerCity>MENLO PARK</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>94025</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
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            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001431159</rptOwnerCik>
            <rptOwnerName>Tammenoms Bakker Juliet</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>LONGITUDE CAPITAL MANAGEMENT CO., LLC</rptOwnerStreet1>
            <rptOwnerStreet2>800 EL CAMINO REAL, SUITE 220</rptOwnerStreet2>
            <rptOwnerCity>MENLO PARK</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>94025</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2014-04-01</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness></transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>245088</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>4.2823</value>
                    <footnoteId id="F1"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>12755668</value>
                    <footnoteId id="F2"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                    <footnoteId id="F3"/>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2014-04-01</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness></transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>4912</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>4.2823</value>
                    <footnoteId id="F1"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>177905</value>
                    <footnoteId id="F4"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                    <footnoteId id="F5"/>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Reflects sales of common stock executed in multiple transactions at prices ranging from $4.15 to $4.48. The price reported reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, Corcept Therapeutics Incorporated or a security holder of Corcept Therapeutics Incorporated full information regarding the number of shares and prices at which the sales were effected.</footnote>
        <footnote id="F2">Does not include warrants held by Longitude Venture Partners, L.P. (&quot;LVP&quot;) to purchase 3,091,479 shares of common stock.</footnote>
        <footnote id="F3">Reflects transactions and holdings of shares of common stock of the Issuer held of record by LVP. This report is filed jointly by LVP, Longitude Capital Partners, LLC (&quot;Longitude Capital&quot;) and Juliet Tammenoms Bakker, all of whom share beneficial ownership of more than 10% of the capital stock of the Issuer, 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. Each of Longitude Capital and Ms. Tammenoms Bakker disclaims beneficial ownership of these securities except to the extent of their respective pecuniary interest therein.</footnote>
        <footnote id="F4">Does not include warrants held by Longitude Capital Associates, L.P. (&quot;LCA&quot;) to purchase 26,583 shares of common stock.</footnote>
        <footnote id="F5">Reflects transactions and holdings of shares of common stock held of record by LCA. This report is jointly filed by LCA, Longitude Capital and Juliet Tammenoms Bakker, all of whom share beneficial ownership of more than 10% of the capital stock of the Issuer, with respect to the securities held and transactions effected by LCA. Each of Longitude Capital and Ms. Tammenoms Bakker disclaims beneficial ownership of these securities except to the extent of their respective pecuniary interest therein.</footnote>
    </footnotes>

    <remarks>***All of the sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan***</remarks>

    <ownerSignature>
        <signatureName>/s/ Juliet Tammenoms Bakker, as managing member of Longitude Capital Partners, LLC, as general partner of Longitude Venture Partners, L.P.</signatureName>
        <signatureDate>2014-04-03</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Juliet Tammenoms Bakker, as managing member of Longitude Capital Partners, LLC, as general partner of Longitude Capital Associates, L.P.</signatureName>
        <signatureDate>2014-04-03</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Juliet Tammenoms Bakker, as managing member</signatureName>
        <signatureDate>2014-04-03</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Juliet Tammenoms Bakker</signatureName>
        <signatureDate>2014-04-03</signatureDate>
    </ownerSignature>
</ownershipDocument>
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