Michael Combs - Feb 11, 2022 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
Feb 11, 2022
Transactions value $
-$8,479,538
Form type
4
Date filed
2/15/2022, 05:05 PM
Previous filing
Dec 10, 2021
Next filing
Feb 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRVL Common Stock Options Exercise $926K +18.8K +408.32% $49.40* 23.3K Feb 11, 2022 Direct
transaction CRVL Common Stock Tax liability -$926K -5.84K -25% $158.74 17.5K Feb 11, 2022 Direct F1
transaction CRVL Common Stock Tax liability -$855K -5.39K -30.78% $158.74 12.1K Feb 11, 2022 Direct F1
transaction CRVL Common Stock Options Exercise $502K +8.75K +72.2% $57.35 20.9K Feb 11, 2022 Direct
transaction CRVL Common Stock Tax liability -$502K -3.16K -15.15% $158.74 17.7K Feb 11, 2022 Direct F1
transaction CRVL Common Stock Tax liability -$429K -2.7K -15.26% $158.74 15K Feb 11, 2022 Direct F1
transaction CRVL Common Stock Options Exercise $195K +3.29K +21.9% $59.32 18.3K Feb 11, 2022 Direct
transaction CRVL Common Stock Tax liability -$195K -1.23K -6.71% $158.74 17.1K Feb 11, 2022 Direct F1
transaction CRVL Common Stock Tax liability -$158K -995 -5.83% $158.74 16.1K Feb 11, 2022 Direct F1
transaction CRVL Common Stock Options Exercise $237K +4K +24.89% $59.32 20.1K Feb 11, 2022 Direct
transaction CRVL Common Stock Tax liability -$237K -1.49K -7.44% $158.74 18.6K Feb 11, 2022 Direct F1
transaction CRVL Common Stock Tax liability -$192K -1.21K -6.52% $158.74 17.4K Feb 11, 2022 Direct F1
transaction CRVL Common Stock Options Exercise $380K +6.4K +36.86% $59.32 23.8K Feb 11, 2022 Direct
transaction CRVL Common Stock Tax liability -$380K -2.39K -10.06% $158.74 21.4K Feb 11, 2022 Direct F1
transaction CRVL Common Stock Tax liability -$308K -1.94K -9.07% $158.74 19.4K Feb 11, 2022 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 -$2.98M -18.8K -93.75% $158.74 1.25K Feb 11, 2022 Common Stock 18.8K $49.40 Direct F2
transaction CRVL Non-Qualified Stock Option (right to buy) Options Exercise -$1.39M -8.75K -87.5% $158.74 1.25K Feb 11, 2022 Common Stock 8.75K $57.35 Direct F2
transaction CRVL Non-Qualified Stock Option (right to buy) Options Exercise -$522K -3.29K -22.68% $158.74 11.2K Feb 11, 2022 Common Stock 3.29K $59.32 Direct F3
transaction CRVL Non-Qualified Stock Option (right to buy) Options Exercise -$635K -4K -35.71% $158.74 7.2K Feb 11, 2022 Common Stock 4K $59.32 Direct F3
transaction CRVL Non-Qualified Stock Option (right to buy) Options Exercise -$1.02M -6.4K -88.88% $158.74 801 Feb 11, 2022 Common Stock 6.4K $59.32 Direct F3
* 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.
F3 Option will vest based on achievement of certain performance criteria relating to earnings growth.