Brandon O'Brien - 14 Jun 2022 Form 4 Insider Report for CORVEL CORP (CRVL)

Role
Chief Financial Officer
Signature
By: Sharon O'Connor For: Brandon O'Brien
Issuer symbol
CRVL
Transactions as of
14 Jun 2022
Net transactions value
-$89,966
Form type
4
Filing time
16 Jun 2022, 17:53:50 UTC
Previous filing
13 May 2022
Next filing
01 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRVL Common Stock Options Exercise $71,184 +1,200 +45% $59.32 3,864 14 Jun 2022 Direct
transaction CRVL Common Stock Sale $160,800 -1,200 -31% $134.00 2,664 14 Jun 2022 Direct
transaction CRVL Common Stock Options Exercise $198 +4 +0.15% $49.40* 2,668 14 Jun 2022 Direct
transaction CRVL Common Stock Sale $548 -4 -0.15% $137.00 2,664 14 Jun 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 -4 -8% $0.000000 46 14 Jun 2022 Common Stock 4 $49.40 Direct F1
transaction CRVL Non-Qualified Stock Option (right to buy) Options Exercise $0 -1,200 -38% $0.000000 2,000 14 Jun 2022 Common Stock 1,200 $59.32 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.