Michael Combs - Nov 3, 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
Nov 3, 2022
Transactions value $
$0
Form type
4
Date filed
11/7/2022, 03:48 PM
Previous filing
Oct 4, 2022
Next filing
Jan 6, 2023

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) Award $0 +8K $0.00 8K Nov 3, 2022 Common Stock 8K $155.99 Direct F1
transaction CRVL Non-Qualified Stock Option (right to buy) Award $0 +12K +150% $0.00 20K Nov 3, 2022 Common Stock 12K $155.99 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Option will vest based on achievement of certain performance criteria relating to earnings growth.
F2 Exercisable as to 25% of shares one year following grant date with the remaining shares exercisable in 36 equal monthly installments thereafter.