UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

o

Rule 13d-1(b)

o

Rule 13d-1(c)

x

Rule 13d-1(d)

CUSIP No. 218352102

1.

Names of Reporting Persons
Sutter Hill Ventures, A California Limited Partnership    77-0287059

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)

o

(b)

x

3.

SEC Use Only

4.

Citizenship or Place of Organization
California, USA

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
3,075,113

6.

Shared Voting Power
-0-

7.

Sole Dispositive Power
3,075,113

8.

Shared Dispositive Power
-0-

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
3,075,113

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

11.

Percent of Class Represented by Amount in Row (9)
7.8%

12.

Type of Reporting Person (See Instructions)
PN

CUSIP No. 218352102

1.

Names of Reporting Persons
Sutter Hill Entrepeneurs Fund (AI), L.P.     94-3338942

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)

o

(b)

x

3.

SEC Use Only

4.

Citizenship or Place of Organization
California, USA

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
29,273

6.

Shared Voting Power
-0-

7.

Sole Dispositive Power
29,273

8.

Shared Dispositive Power
-0-

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
29,273

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

11.

Percent of Class Represented by Amount in Row (9)
0.1%

12.

Type of Reporting Person (See Instructions)
PN

CUSIP No. 218352102

1.

Names of Reporting Persons
Sutter Hill Entrepeneurs Fund (QP), L.P.    94-3338941

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)

o

(b)

x

3.

SEC Use Only

4.

Citizenship or Place of Organization
California, USA

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
74,113

6.

Shared Voting Power
-0-

7.

Sole Dispositive Power
74,113

8.

Shared Dispositive Power
-0-

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
74,113

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

11.

Percent of Class Represented by Amount in Row (9)
0.2%

12.

Type of Reporting Person (See Instructions)
PN

CUSIP No. 218352102

1.

Names of Reporting Persons
David L. Anderson

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)

o

(b)

x

3.

SEC Use Only

4.

Citizenship or Place of Organization
USA

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
500,019*

6.

Shared Voting Power
3,178,499**

7.

Sole Dispositive Power
500,019*

8.

Shared Dispositive Power
3,178,499**

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
3,678,518

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

11.

Percent of Class Represented by Amount in Row (9)
9.3%

12.

Type of Reporting Person (See Instructions)
IN

CUSIP No. 218352102

1.

Names of Reporting Persons
G. Leonard Baker, Jr.

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)

o

(b)

x

3.

SEC Use Only

4.

Citizenship or Place of Organization
USA

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
864,980*

6.

Shared Voting Power
3,178,499**

7.

Sole Dispositive Power
864,980*

8.

Shared Dispositive Power
3,178,499**

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
4,043,479

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

11.

Percent of Class Represented by Amount in Row (9)
10.2%

12.

Type of Reporting Person (See Instructions)
IN

CUSIP No. 218352102

1.

Names of Reporting Persons
William H. Younger, Jr.

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)

o

(b)

x

3.

SEC Use Only

4.

Citizenship or Place of Organization
USA

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
520,661*

6.

Shared Voting Power
3,178,499**

7.

Sole Dispositive Power
520,661*

8.

Shared Dispositive Power
3,178,499**

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
3,699,160

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

11.

Percent of Class Represented by Amount in Row (9)
9.3%

12.

Type of Reporting Person (See Instructions)
IN

CUSIP No. 218352102

1.

Names of Reporting Persons
Tench Coxe

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)

o

(b)

x

3.

SEC Use Only

4.

Citizenship or Place of Organization
USA

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
677,521*

6.

Shared Voting Power
3,178,499**

7.

Sole Dispositive Power
677,521

8.

Shared Dispositive Power
3,178,499**

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
3,856,020

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

11.

Percent of Class Represented by Amount in Row (9)
9.7%

12.

Type of Reporting Person (See Instructions)
IN

CUSIP No. 218352102

1.

Names of Reporting Persons
Gregory P. Sands

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)

o

(b)

x

3.

SEC Use Only

4.

Citizenship or Place of Organization
USA

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
82,271*

6.

Shared Voting Power
3,178,499**

7.

Sole Dispositive Power
82,271*

8.

Shared Dispositive Power
3,178,499**

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
3,260,770

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

11.

Percent of Class Represented by Amount in Row (9)
8.2%

12.

Type of Reporting Person (See Instructions)
IN

CUSIP No. 218352102

1.

Names of Reporting Persons
James C. Gaither

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)

o

(b)

x

3.

SEC Use Only

4.

Citizenship or Place of Organization
USA

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
80,590*

6.

Shared Voting Power
3,178,499**

7.

Sole Dispositive Power
80,590*

8.

Shared Dispositive Power
3,178,499**

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
3,259,089

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

11.

Percent of Class Represented by Amount in Row (9)
8.2%

12.

Type of Reporting Person (See Instructions)
IN

CUSIP No. 218352102

1.

Names of Reporting Persons
James N. White

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)

o

(b)

x

3.

SEC Use Only

4.

Citizenship or Place of Organization
USA

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
79,025*

6.

Shared Voting Power
3,178,499**

7.

Sole Dispositive Power
79,025*

8.

Shared Dispositive Power
3,178,499**

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
3,257,524

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

11.

Percent of Class Represented by Amount in Row (9)
8.2%

12.

Type of Reporting Person (See Instructions)
IN

CUSIP No. 218352102

1.

Names of Reporting Persons
Jeffrey W. Bird

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)

o

(b)

x

3.

SEC Use Only

4.

Citizenship or Place of Organization
USA

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
71,162*

6.

Shared Voting Power
3,178,499**

7.

Sole Dispositive Power
71,162*

8.

Shared Dispositive Power
3,178,499**

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
3,249,661

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

11.

Percent of Class Represented by Amount in Row (9)
8.2%

12.

Type of Reporting Person (See Instructions)
IN

CUSIP No. 218352102

1.

Names of Reporting Persons
David E. Sweet

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)

o

(b)

x

3.

SEC Use Only

4.

Citizenship or Place of Organization
USA

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
28,208*

6.

Shared Voting Power
3,178,499**

7.

Sole Dispositive Power
28,208*

8.

Shared Dispositive Power
3,178,499**

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
3,206,707

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

11.

Percent of Class Represented by Amount in Row (9)
8.1%

12.

Type of Reporting Person (See Instructions)
IN

CUSIP No. 218352102

1.

Names of Reporting Persons
Andrew T. Sheehan

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)

o

(b)

x

3.

SEC Use Only

4.

Citizenship or Place of Organization
USA

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
0

6.

Shared Voting Power
3,178,499*

7.

Sole Dispositive Power
0

8.

Shared Dispositive Power
3,178,499*

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
3,178,499

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

11.

Percent of Class Represented by Amount in Row (9)
8.0%

12.

Type of Reporting Person (See Instructions)
IN

Item 1.

(a)

Name of Issuer
Corcept Therapeutics Incorporated

(b)

Address of Issuer’s Principal Executive Offices
149 Commonwealth Drive, Menlo Park, CA 94025

Item 2.

(a)

Name of Person Filing
Exhibit A is hereby incorporated by reference

(b)

Address of Principal Business Office or, if none, Residence
See Exhibit A

(c)

Citizenship
See Exhibit A

(d)

Title of Class of Securities
Common Stock

(e)

CUSIP Number
2183525102

Item 3.

If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

(a)

o

Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

(b)

o

Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

(c)

o

Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

(d)

o

Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).

(e)

o

An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);

(f)

o

An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);

(g)

o

A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);

(h)

o

A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i)

o

A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

(j)

o

Group, in accordance with §240.13d-1(b)(1)(ii)(J).

N/A

Item 4.

Ownership

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

(a)

Amount beneficially owned:   

See Exhibit A which is herby incorporated by reference and related pages 2 to 14

(b)

Percent of class:   

See Exhibit A which is herby incorporated by reference and related pages 2 to 14

(c)

Number of shares as to which the person has:

(i)

Sole power to vote or to direct the vote   

***

(ii)

Shared power to vote or to direct the vote    

***

(iii)

Sole power to dispose or to direct the disposition of   

***

(iv)

Shared power to dispose or to direct the disposition of   

***

*** See Exhibit A which is hereby incorporated by reference and related pages 2 to 14. Messrs. Anderson, Baker, Younger, Coxe, Sands, Gaither, White, Bird, Sweet and Sheehan are Managing Directors of the General Partner of Sutter Hill Ventures, A California Limited Partnership, Sutter Hill Entrepreneurs Fund (AI), L.P. and Sutter Hill Entrepreneurs Fund (QP), L.P., and as such share voting and dispositive power over the shares held by the partnerships.

Item 5.

Ownership of Five Percent or Less of a Class

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following   o.

N/A

Item 6.

Ownership of More than Five Percent on Behalf of Another Person

N/A

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person

N/A

Item 8.

Identification and Classification of Members of the Group

See Exhibit A

Item 9.

Notice of Dissolution of Group

N/A

Item 10.

Certification

N/A

2/11/2008

Date

Sutter Hill Ventures, A California Limited Partnership

/s/ G. Leonard Baker, Jr.

Signature

G. Leonard Baker, Jr.
Managing Director of the General Partner

Name/Title

Sutter Hill Entrepeneurs Fund (AI), L.P.

/s/ G. Leonard Baker, Jr.

Signature

G. Leonard Baker, Jr.
Managing Director of the General Partner

Name/Title

Sutter Hill Entrepreneurs Fund (QP), L.P.

/s/ G. Leonard Baker, Jr.

Signature

G. Leonard Baker, Jr.
Managing Director of the General Partner

Name/Title

/s/ David L. Anderson

Signature

/s/ G. Leonard Baker, Jr.

Signature

/s/ William H. Younger, Jr.

Signature

/s/ Tench Coxe

Signature

/s/ Gregory P. Sands

Signature

/s/ James C. Gaither

Signature

/s/ James N. White

Signature

/s/ Jeffrey W. Bird

Signature

/s/ David E. Sweet

Signature

/s/ Andrew T. Sheehan

Signature

EXHIBIT A TO SCHEDULE 13G - CORCEPT THERAPEUTICS INCORPORATED

Aggregate Number of Shares Beneficially Owned

% of Total Shares

Name of Originator

Individual

Aggregate

Sutter Hill Ventures, A California Limited Partnership

3,075,113

7.8

%

Sutter Hill Entrepreneurs Fund (AI), L.P.

29,273

0.1

%

Sutter Hill Entrepreneurs Fund (QP), L.P.

74,113

0.2

%

David L. Anderson

500,019

Note 2

1.3

%

3,678,518

Note 1

9.3

%

G. Leonard Baker, Jr.

864,980

Note 3

2.2

%

4,043,479

Note 1

10.2

%

William H. Younger, Jr.

520,661

Note 4

1.3

%

3,699,160

Note 1

9.3

%

Tench Coxe

677,521

Note 5

1.7

%

3,856,020

Note 1

9.7

%

Gregory P. Sands

82,271

Note 6

0.2

%

3,260,770

Note 1

8.2

%

James C. Gaither

80,590

Note 7

0.2

%

3,259,089

Note 1

8.2

%

James N. White

79,025

Note 8

0.2

%

3,257,524

Note 1

8.2

%

Jeffrey W. Bird

71,162

Note 9

0.2

%

3,249,661

Note 1

8.2

%

David E. Sweet

28,208

Note 10

0.1

%

3,206,707

Note 1

8.1

%

Andrew T. Sheehan

0

0.0

%

3,178,499

Note 1

8.0

%

The address for all of the above is: 755 Page Mill Road, Suite A-200, Palo Alto, CA 94304

The partnerships are organized in California. The individuals are all U.S. citizens and residents.

None of the above has been convicted in any criminal proceedings nor have they been subject to judgments, decrees, or final orders enjoining future violations of Federal or State securities laws.

All of the parties are individuals or entities in the venture capital business.

Note 1: Includes individual shares plus all shares held by the following partnerships in which the reporting person is a Managing Director of the General Partner: Sutter Hill Ventures, A California Limited Partnership, Sutter Hill Entrepreneurs Fund (AI), L.P. and Sutter Hill Entrepreneurs Fund (QP), L.P.  The reporting person disclaims beneficial ownership of these partnerships’ shares except as to the reporting person’s pecuniary interest therein.

Note 2: Includes 198,936 shares held in The Anderson Living Trust of which the reporting person is the trustee, 20,488 shares held by a retirement trust for the benefit of the reporting person, 269,459 shares held by Anvest, L.P. of which the reporting person is the General Partner and 11,136 shares held by Acrux Partners, LP of which the reporting person is the trustee of a trust which is the General Partner. The reporting person disclaims beneficial ownership of the living trust’s and the partnerships’ shares except as to the reporting person’s pecuniary interest therein.

Note 3: Includes 240,217 shares held in The Baker Revocable Trust of which the reporting person is a trustee, 399,324 shares held by Saunders Holdings, L.P. of which the reporting person is a General Partner and 20,000 shares of director’s option which will be exercisable on 2/29/08. The reporting person disclaims beneficial ownership of the trust’s, the partnership’s and the director’s options shares except as to the reporting person’s pecuniary interest therein. The reporting person shares pecuniary interest in the director’s option shares with other individuals pursuant to a contractual relationship.

Note 4: Includes 211,545 shares held in The Younger Living Trust of which the reporting person is the trustee, 289,374 shares held by a retirement trust for the benefit of the reporting person and 19,742 shares owned by the children of the reporting person. The reporting person disclaims beneficial ownership of the living trust’s shares except as to the reporting person’s pecuniary interest therein. The reporting person disclaims beneficial ownership of the children’s shares.

Note 5: Includes 589,717 shares held in The Coxe Revocable Trust of which the reporting person is a trustee and 87,804 shares held by The Tamerlane Charitable Remainder Unitrust of which the reporting person is the trustee. The reporting person disclaims beneficial ownership of the trusts’ shares except as to the reporting person’s pecuniary interest therein.

Note 6: Includes 46,223 shares held in the Gregory P. and Sarah J.D. Sands Trust Agreement of which the reporting person is a trustee, 2,532 shares held by a retirement trust for the benefit of the reporting person and 9,627 shares held in the Gregory P. Sands Charitable Remainder Unitrust of which the reporting person is the trustee. The reporting person disclaims beneficial ownership of the trust agreement’s and the unitrust’s shares except as to the reporting person’s pecuniary interest therein.

Note 7: Includes 17,908 shares held by The Gaither Revocable Trust of which the reporting person is the trustee and 22,077 shares held by Tallack Partners, L.P. of which the reporting person is the General Partner. The reporting person disclaims beneficial ownership of the trust’s and the partnership’s shares except as to the reporting person’s pecuniary interest therein.

Note 8: Includes 79,025 shares held in The White Family Trust of which the reporting person is a trustee. The reporting person disclaims beneficial ownership of the trust’s shares except as to the reporting person’s pecuniary interest therein.

Note 9: Includes 71,162 shares held in the Jeffrey W. and Christina R. Bird Trust Agreement of which the reporting person is a trustee. The reporting person disclaims beneficial ownership of the trust’s shares except as to the reporting person’s pecuniary interest therein.

Note 10: Includes 15,125 shares held in The David and Robin Sweet Living Trust of which the reporting person is a trustee and 3,456 shares held by a retirement trust for the benefit of the reporting person. The reporting person disclaims beneficial ownership of the living trust’s shares except as to the reporting person’s pecuniary interest therein.