1. Ovulation results in ruptured blood vessels in theca interna blood clot in the follicular cavity -> corpus hemorrhagicum
2. Plasmin dissolves blood clot & mediates thecal cell migration
3. Thecal cells develop into small luteal cells (theca-lutein cells); proliferate; characterized by the presence of lipid droplets and by the absence of cytoplasmic secretory granules
4. Granulosa cells differentiate into large luteal cells (granulosa-lutein cells); hypertrophy; characterized by the presence of secretory granules that contain oxytocin, inhibin and relaxin and by the absence of lipid droplets
5. Basement membrane is disrupted
6. Angiogenic factors promote the vascularization of the CL
7. Blood vessels invade interior of CL