Michael Combs - Aug 6, 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
Aug 6, 2021
Transactions value $
-$3,258,623
Form type
4
Date filed
8/10/2021, 02:00 PM
Previous filing
Jun 8, 2021
Next filing
Aug 23, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRVL Common Stock Options Exercise $725K +15K +701.92% $48.35* 17.1K Aug 6, 2021 Direct
transaction CRVL Common Stock Tax liability -$725K -4.47K -26.09% $162.19 12.7K Aug 6, 2021 Direct F1
transaction CRVL Common Stock Tax liability -$826K -5.09K -40.2% $162.19 7.57K Aug 6, 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 -$2.43M -15K -100% $162.19 0 Aug 6, 2021 Common Stock 15K $48.35 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.