SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* KAPP STEVEN (Last) (First) (Middle) C/O CORCEPT THERAPEUTICS INCORPORATED 275 MIDDLEFIELD ROAD (Street) MENLO PARK, CA CA 94025 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 04/14/2004	3. Issuer Name and Ticker or Trading Symbol CORCEPT THERAPEUTICS INC [ CORT ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director 10% Owner Officer (give title below) Other (specify below)	5. If Amendment, Date of Original Filed (Month/Day/Year)
			6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
No securities owned	0(1)(2)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The Reporting Person is a limited partner of Maverick Capital, Ltd., the investment adviser to (i) Maverick Fund, L.D.C. ("LDC"), which will hold 1,320,444 shares of common stock of Corcept Therapeutics Incorporated (the "Issuer") (to be acquired as a result of the conversion of Series C preferred shares in connection with the Issuer's initial public offering), (ii) Maverick Fund II, Ltd. ("Fund II"), which will hold 194,999 shares of common stock of the Issuer (to be acquired as a result of the conversion of Series C preferred shares in connection with the Issuer's initial public offering) and (iii) Maverick Fund USA, Ltd. ("Fund USA"), which will hold 607,398 shares of common stock of the Issuer (to be acquired as a result of the conversion of Series C preferred shares in connection with the Issuer's initial public offering).

2. Maverick Capital, Ltd. receives an investment advisory fee for its services to LDC, Fund II and Fund USA; the Reporting Person has an interest in such investment advisory fee. The Reporting Person is also a limited partner of Maverick Capital Advisors, L.P., the general partner of Fund USA. The Reporting Person disclaims beneficial ownership of the equity securities of the Issuer held by LDC, Fund II and Fund USA, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such equity securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purposes.

Remarks:

Exhibit List Exhibit 24 -- Power of Attorney

	/s/ Fred Kurland, CFO of Corcept Therapeutics Incorporated attorney-in-fact	04/14/2004
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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Exhibit 24
POWER OF ATTORNEY FOR SECTION 16 REPORTING
The undersigned hereby appoints Joseph K. Belanoff, in his capacity as
Chief Executive Officer of Corcept Therapeutics Incorporated (the
"Company"), Andrew Galligan, in his capacity as Chief Financial Officer of the
Company, and either of them with full power of substitution or their respective
successors in any such offices, as the attorney-in-fact of the undersigned to
execute and file with the Securities and Exchange Commission ("SEC") and
any other authority required by the rules and regulations of the SEC or any
market or exchange on which shares of the Company are traded and to submit
to the Company, in the place and stead of the undersigned, SEC Forms 3, 4 and
5 and any successor reporting forms required by the SEC in connection with
purchases and sales of securities of the Company and any other transactions in
securities of the Company reportable on any such form.  This Power of
Attorney shall be effective until revoked by a written instrument executed by
the undersigned and delivered to the Company at its headquarters to the
attention of the Chief Financial Officer.
Dated:  February 5, 2002

/s/ Steve Kapp
Name:  Steve Kapp