Brandon O'Brien - Mar 13, 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
Mar 13, 2023
Transactions value $
-$201,207
Form type
4
Date filed
3/15/2023, 07:36 PM
Previous filing
Feb 10, 2023
Next filing
Apr 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRVL Common Stock Options Exercise $156K +2K +62.85% $77.93 5.18K Mar 13, 2023 Direct
transaction CRVL Common Stock Sale -$354K -2K -38.6% $176.75 3.18K Mar 13, 2023 Direct
transaction CRVL Common Stock Options Exercise $1.4K +16 +0.5% $87.49 3.2K Mar 13, 2023 Direct
transaction CRVL Common Stock Sale -$2.83K -16 -0.5% $176.75 3.18K Mar 13, 2023 Direct
transaction CRVL Common Stock Options Exercise $1.4K +20 +0.63% $70.24 3.2K Mar 13, 2023 Direct
transaction CRVL Common Stock Sale -$3.54K -20 -0.62% $176.75 3.18K Mar 13, 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 -20 -32.26% $0.00 42 Mar 13, 2023 Common Stock 20 $70.24 Direct F1
transaction CRVL Non-Qualified Stock Option (right to buy) Options Exercise $0 -2K -34.29% $0.00 3.83K Mar 13, 2023 Common Stock 2K $77.93 Direct F2
transaction CRVL Non-Qualified Stock Option (right to buy) Options Exercise $0 -16 -27.59% $0.00 42 Mar 13, 2023 Common Stock 16 $87.49 Direct F1
* 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.