Brandon O'Brien - Feb 6, 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 6, 2023
Transactions value $
-$170,150
Form type
4
Date filed
2/8/2023, 03:03 PM
Previous filing
Feb 6, 2023
Next filing
Feb 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRVL Common Stock Options Exercise $59.3K +1K +31.43% $59.32 4.18K Feb 6, 2023 Direct
transaction CRVL Common Stock Sale -$183K -1K -23.91% $183.00 3.18K Feb 6, 2023 Direct
transaction CRVL Common Stock Options Exercise $10.2K +117 +3.68% $87.49 3.3K Feb 6, 2023 Direct
transaction CRVL Common Stock Sale -$21.4K -117 -3.55% $183.00 3.18K Feb 6, 2023 Direct
transaction CRVL Common Stock Options Exercise $22K +313 +9.84% $70.24 3.5K Feb 6, 2023 Direct
transaction CRVL Common Stock Sale -$57.3K -313 -8.96% $183.00 3.18K Feb 6, 2023 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 -1K -100% $0.00* 0 Feb 6, 2023 Common Stock 1K $59.32 Direct F1
transaction CRVL Non-Qualified Stock Option (right to buy) Options Exercise $0 -313 -83.47% $0.00 62 Feb 6, 2023 Common Stock 313 $70.24 Direct F2
transaction CRVL Non-Qualified Stock Option (right to buy) Options Exercise $0 -117 -66.86% $0.00 58 Feb 6, 2023 Common Stock 117 $87.49 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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