Michael G. Combs - 11 Feb 2022 Form 4 Insider Report for CORVEL CORP (CRVL)

Reporting relationship: CEO & President
Issuer ticker: CRVL
Reported as of: 11 Feb 2022
Net transaction value: -$8,479,538
SEC form: 4
Accepted by SEC: 15 Feb 2022, 17:05:55 UTC
Prior SEC filing: 10 Dec 2021
Next SEC filing: 24 Feb 2022
Source filing: View source filing
Reporting owner signature: By: Sharon O'Connor For: Michael Combs

Key filing fact

Michael G. Combs filed Form 4 for CORVEL CORP (CRVL) on 15 Feb 2022.

Key facts

This page summarizes Michael G. Combs's Form 4 filing for CORVEL CORP (CRVL).
20 reported transactions and 5 derivative rows are listed below.
Accepted by SEC: 15 Feb 2022, 17:05.

Change

Previous filing in this sequence was filed on 10 Dec 2021.
Current net transaction value: -$8,479,538.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CRVL transaction

Common Stock

Options Exercise

Transaction value: $926,250
Shares: +18,750
Change %: +408%
Price: $49.40^*
Shares after: 23,342
Date: 11 Feb 2022
Ownership: Direct

CRVL transaction

Common Stock

Tax liability

Transaction value: $926,248
Shares: -5,835
Change %: -25%
Price: $158.74
Shares after: 17,507
Date: 11 Feb 2022
Ownership: Direct
Footnotes: F1

CRVL transaction

Common Stock

Tax liability

Transaction value: $855,291
Shares: -5,388
Change %: -31%
Price: $158.74
Shares after: 12,119
Date: 11 Feb 2022
Ownership: Direct
Footnotes: F1

CRVL transaction

Common Stock

Options Exercise

Transaction value: $501,812
Shares: +8,750
Change %: +72%
Price: $57.35
Shares after: 20,869
Date: 11 Feb 2022
Ownership: Direct

CRVL transaction

Common Stock

Tax liability

Transaction value: $501,777
Shares: -3,161
Change %: -15%
Price: $158.74
Shares after: 17,708
Date: 11 Feb 2022
Ownership: Direct
Footnotes: F1

CRVL transaction

Common Stock

Tax liability

Transaction value: $429,074
Shares: -2,703
Change %: -15%
Price: $158.74
Shares after: 15,005
Date: 11 Feb 2022
Ownership: Direct
Footnotes: F1

CRVL transaction

Common Stock

Options Exercise

Transaction value: $194,926
Shares: +3,286
Change %: +22%
Price: $59.32
Shares after: 18,291
Date: 11 Feb 2022
Ownership: Direct

CRVL transaction

Common Stock

Tax liability

Transaction value: $194,774
Shares: -1,227
Change %: -6.7%
Price: $158.74
Shares after: 17,064
Date: 11 Feb 2022
Ownership: Direct
Footnotes: F1

CRVL transaction

Common Stock

Tax liability

Transaction value: $157,946
Shares: -995
Change %: -5.8%
Price: $158.74
Shares after: 16,069
Date: 11 Feb 2022
Ownership: Direct
Footnotes: F1

CRVL transaction

Common Stock

Options Exercise

Transaction value: $237,221
Shares: +3,999
Change %: +25%
Price: $59.32
Shares after: 20,068
Date: 11 Feb 2022
Ownership: Direct

CRVL transaction

Common Stock

Tax liability

Transaction value: $237,158
Shares: -1,494
Change %: -7.4%
Price: $158.74
Shares after: 18,574
Date: 11 Feb 2022
Ownership: Direct
Footnotes: F1

CRVL transaction

Common Stock

Tax liability

Transaction value: $192,234
Shares: -1,211
Change %: -6.5%
Price: $158.74
Shares after: 17,363
Date: 11 Feb 2022
Ownership: Direct
Footnotes: F1

CRVL transaction

Common Stock

Options Exercise

Transaction value: $379,648
Shares: +6,400
Change %: +37%
Price: $59.32
Shares after: 23,763
Date: 11 Feb 2022
Ownership: Direct

CRVL transaction

Common Stock

Tax liability

Transaction value: $379,547
Shares: -2,391
Change %: -10%
Price: $158.74
Shares after: 21,372
Date: 11 Feb 2022
Ownership: Direct
Footnotes: F1

CRVL transaction

Common Stock

Tax liability

Transaction value: $307,638
Shares: -1,938
Change %: -9.1%
Price: $158.74
Shares after: 19,434
Date: 11 Feb 2022
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CRVL transaction Derivative

Non-Qualified Stock Option (right to buy)

Options Exercise

Transaction value: $2,976,375
Shares: -18,750
Change %: -94%
Price: $158.74
Shares after: 1,250
Date: 11 Feb 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 18,750
Exercise price: $49.40
Footnotes: F2

CRVL transaction Derivative

Non-Qualified Stock Option (right to buy)

Options Exercise

Transaction value: $1,388,975
Shares: -8,750
Change %: -88%
Price: $158.74
Shares after: 1,250
Date: 11 Feb 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 8,750
Exercise price: $57.35
Footnotes: F2

CRVL transaction Derivative

Non-Qualified Stock Option (right to buy)

Options Exercise

Transaction value: $521,620
Shares: -3,286
Change %: -23%
Price: $158.74
Shares after: 11,200
Date: 11 Feb 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 3,286
Exercise price: $59.32
Footnotes: F3

CRVL transaction Derivative

Non-Qualified Stock Option (right to buy)

Options Exercise

Transaction value: $634,801
Shares: -3,999
Change %: -36%
Price: $158.74
Shares after: 7,201
Date: 11 Feb 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 3,999
Exercise price: $59.32
Footnotes: F3

CRVL transaction Derivative

Non-Qualified Stock Option (right to buy)

Options Exercise

Transaction value: $1,015,936
Shares: -6,400
Change %: -89%
Price: $158.74
Shares after: 801
Date: 11 Feb 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 6,400
Exercise price: $59.32
Footnotes: F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Shares delivered in payment of the option exercise price and/or tax liability incident to the option exercise.

Footnote F2

Exercisable as to 25% of shares one year following grant date with the remaining shares exercisable in 36 equal monthly installments thereafter.

Footnote F3

Option will vest based on achievement of certain performance criteria relating to earnings growth.