Michael Combs - Jun 7, 2021 Form 4 Insider Report for CORVEL CORP (CRVL)

Role
CEO & President
Signature
By: Sharon O'Connor For: Michael Combs
Stock symbol
CRVL
Transactions as of
Jun 7, 2021
Transactions value $
-$1,844,143
Form type
4
Date filed
6/8/2021, 09:46 PM
Previous filing
May 10, 2021
Next filing
Aug 10, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRVL Common Stock Options Exercise $711K +15.5K +2243.13% $45.90* 16.2K Jun 7, 2021 Direct
transaction CRVL Common Stock Sale -$1.84M -15.5K -95.73% $119.00 691 Jun 7, 2021 Direct
transaction CRVL Common Stock Options Exercise $207K +4.5K +651.23% $45.90* 5.19K Jun 8, 2021 Direct
transaction CRVL Common Stock Tax liability -$206K -1.7K -32.75% $121.47 3.49K Jun 8, 2021 Direct F1
transaction CRVL Common Stock Tax liability -$164K -1.35K -38.79% $121.47 2.14K Jun 8, 2021 Direct F1

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 $0 -15.5K -77.5% $0.00 4.5K Jun 7, 2021 Common Stock 15.5K $45.90 Direct F2
transaction CRVL Non-Qualified Stock Option (right to buy) Options Exercise -$547K -4.5K -100% $121.47 0 Jun 8, 2021 Common Stock 4.5K $45.90 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.