Michael Combs - Feb 9, 2023 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 9, 2023
Transactions value $
-$1,443,746
Form type
4
Date filed
2/13/2023, 06:01 PM
Previous filing
Jan 6, 2023
Next filing
Feb 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRVL Common Stock Options Exercise $499K +6.4K +40.86% $77.93 22.1K Feb 9, 2023 Direct
transaction CRVL Common Stock Tax liability -$499K -2.76K -12.49% $180.95 19.3K Feb 9, 2023 Direct F1
transaction CRVL Common Stock Tax liability -$286K -1.58K -8.18% $180.95 17.7K Feb 9, 2023 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 -$1.16M -6.4K -88.88% $180.95 801 Feb 9, 2023 Common Stock 6.4K $77.93 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 Option will vest based on achievement of certain performance criteria relating to earnings growth.