Maxim Shishin - Jun 13, 2022 Form 4 Insider Report for CORVEL CORP (CRVL)

Role
Chief Information Officer
Signature
By: Sharon O'Connor For: Maxim Shishin
Stock symbol
CRVL
Transactions as of
Jun 13, 2022
Transactions value $
-$276,915
Form type
4
Date filed
6/15/2022, 06:07 PM
Previous filing
May 13, 2022
Next filing
Aug 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRVL Common Stock Options Exercise $24.2K +500 +83.33% $48.35* 1.1K Jun 13, 2022 Direct
transaction CRVL Common Stock Sale -$67.8K -500 -45.45% $135.53 600 Jun 13, 2022 Direct
transaction CRVL Common Stock Options Exercise $173K +3K +500% $57.75 3.6K Jun 13, 2022 Direct
transaction CRVL Common Stock Sale -$407K -3K -83.33% $135.53 600 Jun 13, 2022 Direct

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 $0 -500 -100% $0.00* 0 Jun 13, 2022 Common Stock 500 $48.35 Direct F1
transaction CRVL Non-Qualified Stock Option (right to buy) Options Exercise $0 -3K -37.5% $0.00 5K Jun 13, 2022 Common Stock 3K $57.75 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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