Mark Bertels - 15 Nov 2022 Form 4 Insider Report for CORVEL CORP (CRVL)

Role: EVP - Risk Management Services
Signature: By: Sharon O'Connor For: Mark Bertels
Issuer symbol: CRVL
Transactions as of: 15 Nov 2022
Net transactions value: -$189,450
Form type: 4
Filing time: 18 Nov 2022, 10:22:07 UTC
Previous filing: 07 Nov 2022
Next filing: 09 Feb 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	$40,050	+750	+88%	$53.40^*	1,600	15 Nov 2022	Direct
transaction	CRVL	Common Stock	Sale	$114,750	-750	-47%	$153.00	850	15 Nov 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	$114,750	-750	-100%	$153.00	0	15 Nov 2022	Common Stock	750	$53.40	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.