Brandon O'Brien - Feb 2, 2023 Form 4 Insider Report for CORVEL CORP (CRVL)

Role
Chief Financial Officer
Signature
By: Sharon O'Connor For: Brandon O'Brien
Stock symbol
CRVL
Transactions as of
Feb 2, 2023
Transactions value $
-$297,784
Form type
4
Date filed
2/6/2023, 03:45 PM
Previous filing
Nov 7, 2022
Next filing
Feb 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRVL Common Stock Options Exercise $2.27K +46 +1.72% $49.40* 2.72K Feb 2, 2023 Direct
transaction CRVL Common Stock Tax liability -$2.27K -12 -0.44% $189.02 2.71K Feb 2, 2023 Direct F1
transaction CRVL Common Stock Tax liability -$2.46K -13 -0.48% $189.02 2.7K Feb 2, 2023 Direct F1
transaction CRVL Common Stock Options Exercise $10.7K +187 +6.94% $57.35 2.88K Feb 2, 2023 Direct
transaction CRVL Common Stock Tax liability -$10.6K -56 -1.94% $189.02 2.83K Feb 2, 2023 Direct F1
transaction CRVL Common Stock Tax liability -$10K -53 -1.88% $189.02 2.77K Feb 2, 2023 Direct F1
transaction CRVL Common Stock Options Exercise $59.3K +1K +36.06% $59.32 3.77K Feb 2, 2023 Direct
transaction CRVL Common Stock Tax liability -$59.2K -313 -8.3% $189.02 3.46K Feb 2, 2023 Direct F1
transaction CRVL Common Stock Tax liability -$52.5K -278 -8.03% $189.02 3.18K Feb 2, 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 -$8.69K -46 -100% $189.02 0 Feb 2, 2023 Common Stock 46 $49.40 Direct F2
transaction CRVL Non-Qualified Stock Option (right to buy) Options Exercise -$35.3K -187 -100% $189.02 0 Feb 2, 2023 Common Stock 187 $57.35 Direct F2
transaction CRVL Non-Qualified Stock Option (right to buy) Options Exercise -$189K -1K -50% $189.02 1K Feb 2, 2023 Common Stock 1K $59.32 Direct F3
* 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.
F3 Option will vest based on achievement of certain performance criteria relating to earnings growth.