Gordon Clemons - Feb 2, 2024 Form 4 Insider Report for CORVEL CORP (CRVL)

Role
Chairman of the Board, Director
Signature
By: Sharon O'Connor For: Gordon Clemons
Stock symbol
CRVL
Transactions as of
Feb 2, 2024
Transactions value $
-$1,654,952
Form type
4
Date filed
2/5/2024, 02:24 PM
Previous filing
Feb 5, 2024
Next filing
Feb 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRVL Common Stock Options Exercise $295K +5.6K +0.62% $52.69 906K Feb 2, 2024 Direct
transaction CRVL Common Stock Tax liability -$295K -1.24K -0.14% $238.68 904K Feb 2, 2024 Direct F1
transaction CRVL Common Stock Tax liability -$318K -1.33K -0.15% $238.68 903K Feb 2, 2024 Direct F1
holding CRVL Common Stock 316K Feb 2, 2024 Spouse Living Trust

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CRVL Non-Qualified Stock Option (right to buy) Options Exercise -$1.34M -5.6K -93.33% $238.68 400 Feb 2, 2024 Common Stock 5.6K $52.69 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares delivered in payment of the option exercise price and/or tax liability incident to the option exercise.
F2 Exercisable as to 25% of shares one year following grant date with the remaining shares exercisable in 36 equal monthly installments thereafter.