Michael G. Combs - 05 Jan 2023 Form 4 Insider Report for CORVEL CORP (CRVL)

Reporting relationship: CEO & President
Issuer ticker: CRVL
Reported as of: 05 Jan 2023
Net transaction value: -$1,858,023
SEC form: 4
Accepted by SEC: 06 Jan 2023, 17:23:18 UTC
Prior SEC filing: 07 Nov 2022
Next SEC filing: 13 Feb 2023
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 06 Jan 2023.

Key facts

This page summarizes Michael G. Combs's Form 4 filing for CORVEL CORP (CRVL).
16 reported transactions and 4 derivative rows are listed below.
Accepted by SEC: 06 Jan 2023, 17:23.

Change

Previous filing in this sequence was filed on 07 Nov 2022.
Current net transaction value: -$1,858,023.

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: $61,750
Shares: +1,250
Change %: +10%
Price: $49.40^*
Shares after: 13,301
Date: 05 Jan 2023
Ownership: Direct

CRVL transaction

Common Stock

Tax liability

Transaction value: $61,617
Shares: -437
Change %: -3.3%
Price: $141.00
Shares after: 12,864
Date: 05 Jan 2023
Ownership: Direct
Footnotes: F1

CRVL transaction

Common Stock

Tax liability

Transaction value: $44,133
Shares: -313
Change %: -2.4%
Price: $141.00
Shares after: 12,551
Date: 05 Jan 2023
Ownership: Direct
Footnotes: F1

CRVL transaction

Common Stock

Options Exercise

Transaction value: $71,688
Shares: +1,250
Change %: +10%
Price: $57.35
Shares after: 13,801
Date: 05 Jan 2023
Ownership: Direct

CRVL transaction

Common Stock

Tax liability

Transaction value: $71,628
Shares: -508
Change %: -3.7%
Price: $141.00
Shares after: 13,293
Date: 05 Jan 2023
Ownership: Direct
Footnotes: F1

CRVL transaction

Common Stock

Tax liability

Transaction value: $36,096
Shares: -256
Change %: -1.9%
Price: $141.00
Shares after: 13,037
Date: 05 Jan 2023
Ownership: Direct
Footnotes: F1

CRVL transaction

Common Stock

Options Exercise

Transaction value: $311,642
Shares: +3,999
Change %: +31%
Price: $77.93
Shares after: 17,036
Date: 05 Jan 2023
Ownership: Direct

CRVL transaction

Common Stock

Tax liability

Transaction value: $311,610
Shares: -2,210
Change %: -13%
Price: $141.00
Shares after: 14,826
Date: 05 Jan 2023
Ownership: Direct
Footnotes: F1

CRVL transaction

Common Stock

Tax liability

Transaction value: $84,036
Shares: -596
Change %: -4%
Price: $141.00
Shares after: 14,230
Date: 05 Jan 2023
Ownership: Direct
Footnotes: F1

CRVL transaction

Common Stock

Options Exercise

Transaction value: $374,064
Shares: +4,800
Change %: +34%
Price: $77.93
Shares after: 19,030
Date: 05 Jan 2023
Ownership: Direct

CRVL transaction

Common Stock

Tax liability

Transaction value: $373,932
Shares: -2,652
Change %: -14%
Price: $141.00
Shares after: 16,378
Date: 05 Jan 2023
Ownership: Direct
Footnotes: F1

CRVL transaction

Common Stock

Tax liability

Transaction value: $100,956
Shares: -716
Change %: -4.4%
Price: $141.00
Shares after: 15,662
Date: 05 Jan 2023
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: $176,250
Shares: -1,250
Change %: -100%
Price: $141.00
Shares after: 0
Date: 05 Jan 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,250
Exercise price: $49.40
Footnotes: F2

CRVL transaction Derivative

Non-Qualified Stock Option (right to buy)

Options Exercise

Transaction value: $176,250
Shares: -1,250
Change %: -100%
Price: $141.00
Shares after: 0
Date: 05 Jan 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,250
Exercise price: $57.35
Footnotes: F2

CRVL transaction Derivative

Non-Qualified Stock Option (right to buy)

Options Exercise

Transaction value: $563,859
Shares: -3,999
Change %: -25%
Price: $141.00
Shares after: 12,001
Date: 05 Jan 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 3,999
Exercise price: $77.93
Footnotes: F3

CRVL transaction Derivative

Non-Qualified Stock Option (right to buy)

Options Exercise

Transaction value: $676,800
Shares: -4,800
Change %: -40%
Price: $141.00
Shares after: 7,201
Date: 05 Jan 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 4,800
Exercise price: $77.93
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.