Michael Combs - May 12, 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
May 12, 2023
Transactions value $
-$1,755,617
Form type
4
Date filed
5/16/2023, 07:03 PM
Previous filing
Apr 3, 2023
Next filing
Aug 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRVL Common Stock Options Exercise $421K +6K +37.75% $70.24 21.9K May 12, 2023 Direct
transaction CRVL Common Stock Tax liability -$421K -1.92K -8.78% $219.13 20K May 12, 2023 Direct F1
transaction CRVL Common Stock Tax liability -$441K -2.01K -10.07% $219.13 18K May 12, 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 -$1.31M -6K -100% $219.13 0 May 12, 2023 Common Stock 6K $70.24 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 Exercisable as to 25% of shares one year following grant date with the remaining shares exercisable in 36 equal monthly installments thereafter.