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

Showing 1 to 3 of 3 entries

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.